Draslovka Acquires Chemours' Mining Solutions Business
December 1, 2021
Draslovka a.s. completed the acquisition of The Chemours Company’s Mining Solutions business for $521 million, making Draslovka the world’s largest producer of solid sodium cyanide and expanding its global operations across Europe, the Americas and Australasia. The transaction was funded with a $348 million Term Loan B arranged by J.P. Morgan and equity from Draslovka’s existing family owners, and is intended to support further international expansion and capability growth in CN-based specialty chemicals.
- Buyers
- Draslovka a.s.
- Targets
- Mining Solutions business of The Chemours Company
- Sellers
- The Chemours Company
- Industry
- Manufacturing
- Location
- Delaware, United States
- Transaction Type
- Divestiture
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