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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