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Stibbe advises Elementis

Stibbe advises Elementis

Stibbe advises Elementis

04.07.2018 NL law

Stibbe advises Elementis, a UK listed global specialty chemicals company, on the acquisition of Mondo Minerals Holdings B.V. for an enterprise value of $600 million on a cash and debt free basis. The acquisition will be financed through a rights issue and new debt facilities.

Mondo Minerals is a leading integrated producer of industrial talc additives currently owned by Advent International. Mondo Minerals owns facilities in Amsterdam and Katwijk (The Netherlands) and in Finland.

Closing of the acquisition will take place after the works council procedure has been completed, Elementis’ shareholders have granted their approval and the relevant merger clearances have been obtained.

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