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August 2020

Mergermarket: HAZNEDAR GROUP 60% stake acquired by Imerys – ADVISORY COVERAGE

Imerys, the world leader in mineral-based specialty solutions for industry with €4.4 billion revenue – headquartered in Paris, France - has closed the acquisition of a majority stake of 60%, with options to purchase the remainder, of the Haznedar Durer Refractories, a Turkish-based, high-grade refractory monolithics and bricks manufacturer – headquartered in Istanbul - serving the iron & steel, cement and petrochemical industries. 

Globalturk Capital has acted as the Buy-side advisor in this transaction.

The Mergermarket Advisory Coverage dated 13 August 2020 on this transaction is below. 

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