Imerys Closed the Acquisition of Damolin
Imerys/FR has closed the acquisition of Damolin, a Danish mineral-based solutions producer.
This transaction will enable Imerys to enlarge its specialty offer to the European oil and chemical absorbent market, as well as to the animal feed and cat litter businesses. Damolin has more than 30 years mineral reserves of moler, a highly absorbing and lightweight mineral. With 154 employees and headquartered in Denmark, Damolin has operations in Denmark, Germany and France. It generated EUR 45 million in revenues in 2015 across Europe. Damolin will be reported for in the Filtration and Performance Additives business group.