RSS feed: news [?]

Home » News » U.S. Silica Acquires Performance Materials Leader EP Minerals for $750 Million

U.S. Silica Holdings, Inc. announced a definitive agreement to acquire EP Minerals for $750 million in cash. 

EP Minerals – with sales of over $200 million – is a global producer of engineered materials derived from industrial minerals including diatomaceous earth (DE), clay (calcium bentonite) and perlite.  The company is the number one or number two player in each of its global markets. Similar to U.S. Silica's Industrial and Specialty Products (ISP) segment, it has transformed from a commodity-based business by adding new, value-added, higher-margin products to its mix, developing over 50 innovative new products in the last three years with 40 plus products in its new development pipeline today. 

EP Minerals' unique industrial minerals are used as filter aids, absorbents and functional additives for a variety of industries including food and beverage, biofuels, recreational water, oil and gas, farm and home, landscape, sports turf, paint, plastics, and insecticides. The company's facilities are located in Nevada, Oregon, Nebraska, Tennessee, Alabama and Mississippi. 

The transaction is expected to be accretive in the fourth quarter of 2018 and is expected to close in the second quarter of 2018.

All rights reserved. No information from the web site may be reproduced without the permission of the magazine's editorial board.

© Eurasian chemical market, 2005-2021