Minerals Technologies wins tussle over Amcol

US firm Minerals Technologies (MTI) has outbid European rival Imerys to acquire polymer and speciality minerals supplier Amcol for $1.7 billion (£1 billion).

The deal overturns an agreed merger between Imerys and Amcol, forcing Amcol to pay Imerys a termination fee of $39 million.

All three companies produce mineral-derived materials for industrial applications, such as clays, abrasives, pigments, fillers and binders. In a statement, MTI claimed that the deal would ‘bring together the global leaders in precipitated calcium carbonate and bentonite, creating an even more robust US-based international minerals supplier’.

Related Content

Microbial miners

24 October 2014 Premium contentFeature

news image

Jon Evans discovers the microbes hard at work on our behalf, extracting valuable metals from low-grade ore

Curiosity's mission to Mars with x-ray vision

13 March 2013 Jobs Profile (Company)

news image

As Nasa’s Curiosity rover roams the red planet, Nicola Davis talks to the scientists whose laboratory is a million miles aw...

Most Commented

Chlorinated compounds form in tea and coffee

24 November 2015 Research

news image

Treated water reacts with organics to form disinfection byproducts

Brazilian mine disaster releases dangerous metals

21 November 2015 News and Analysis

news image

Irreversible negative human health and environmental effects could result from Brazilian mine’s dam collapse