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PLATINUM EQUITY TO ACQUIRE HIGH TEMPERATURE SOLUTIONS BUSINESS FROM IMERYS FOR €930 MILLION
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PLATINUM EQUITY TO ACQUIRE HIGH TEMPERATURE SOLUTIONS BUSINESS FROM IMERYS FOR €930 MILLION

Proposed Carveout from Paris-based Specialty Materials Leader Adds to Global Buyout Firm's Momentum in EuropeLOS ANGELES and PARIS, July 28, 2022 /PRNewswire/ -- Platinum Equity today announced that it has entered into exclusive negotiations to acquire Imerys SA's High Temperature Solutions business (HTS) in a transaction valued at approximately €930 million.The proposed transaction, which is subject to the fulfillment of customary closing conditions, including the information and consultation of works councils and other regulatory approvals, is expected to be completed by the end of the year. Platinum Equity today announced that it has entered into exclusive negotiations to acquire Imerys SA’s High Temperature Solutions business. HTS is a leading global provider o...