“The acquisition of BASF’s kaolin business is a transformative step forward in KaMin’s strategy. The combination of these two complementary businesses allows us to further diversify our company into growth-oriented markets and augment our overall manufacturing and technical capabilities,” KaMin CEO Michael W. Nelson said in a media release.
“By combining BASF’s calcine portfolio with KaMin’s hydrous products, we will be able to provide a compelling suite of kaolin-based performance mineral solutions to our distributor partners and customers globally.”
“This deal extends IMin’s portfolio in the industrial minerals sector and creates a significant opportunity to deliver enhanced value to all stakeholders — investors, employees, customers and suppliers,” C. Rankin Hobbs, co-founder of IMin Partners said.
