The Bodo Möller Chemie Group is expanding its cooperation even closer with the French mining group Imerys S.A., a world leader in mineral-based specialty solutions for industry. Initially, the cooperation will become effective on January 1^st for the Nordic countries of Denmark, Norway and Iceland.

Imerys announces a strategic combination for the integration of the main activities of S&B, a major player in industrial minerals held by the Kyriacopoulos founder family (61%) and Rhône Capital (39%). Through this operation, Imerys would accelerate its development by enlarging its specialties offer. The transaction, partially paid in Imerys shares, would rapidly create value for Imerys’ shareholders, based on a € 525 million equity value for 100% of the shares, increased by a performance amount not to exceed € 33 million. In this context, the Kyriacopoulos family, S&B’s shareholders for more than 80 years, would become stockholders of Imerys together with its controlling shareholder, GBL group.