Sibelco and Graymont Will Not Proceed With The Previously Announced Indonesian Transaction

Following the successful completion of the acquisition by Graymont of Sibelco’s lime and limestone businesses in Australia, Malaysia and the Philippines in 2019, Sibelco and Graymont announced today that they have jointly decided to no longer pursue the purchase and sale of Sibelco’s Indonesian business, which Sibelco will continue to operate.

About Graymont

Graymont is a global leader in lime and limestone solutions. Headquartered in Canada, Graymont serves markets throughout North America and Asia-Pacific. Graymont also has a significant investment in Grupo Calidra. Professionally managed and family owned, the company has been in operation for over 70 years.

About Sibelco

Sibelco is a global leader in material solutions and sources, transforms and distributes an extensive portfolio of specialty industrial minerals. Sibelco’s solutions support the progress of modern life and serve industries as diverse as glass, ceramics, construction, coatings, polymers, metals, agriculture and water purification. In addition, Sibelco is a majority shareholder in Covia, a leading NYSE-listed provider of minerals and material solutions for the industrial and energy markets in North America. The Sibelco Group operates over 195 production sites in 34 countries, with a team of some 10,000 people.

 

For further information:

Graymont contact
Mathieu Bouchard
Vice President, Corporate Affairs, Environment and Sustainability
+1 450 645-2452

Sibelco contacts
Tim Weekes
Vice President, Group Communications
+32 473 984914

Helen Stanley (Australasia)
Communications Manager
+61 2 9458 2979