Minerals Technologies Acquires Normerica Inc.
July 26, 2021
Minerals Technologies Inc. (MTI) has acquired Normerica Inc., a Toronto-based producer of branded and private-label pet care products, including bentonite-based cat litter. The transaction expands MTI’s North American cat litter manufacturing footprint and strengthens its global pet care platform; Normerica generated about $140 million in 2020 and employed ~320 people.
- Buyers
- Minerals Technologies Inc.
- Targets
- Normerica Inc.
- Industry
- Consumer Products
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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