Riverspan Partners Acquires Barretts Minerals' Talc Assets from Minerals Technologies for $32M

April 29, 2024

Riverspan Partners acquired the talc assets of Barretts Minerals Inc. from Minerals Technologies Inc. for $32 million following approval by the U.S. Bankruptcy Court for the Southern District of Texas. The assets will continue to operate under the Barretts Minerals brand as Riverspan — a Chicago-based PE firm focused on industrials — provides financial and operational support to expand the product portfolio.

Targets
Barretts Minerals Inc. (talc assets)
Sellers
Minerals Technologies Inc., Barretts Minerals Inc.
Industry
Manufacturing
Location
Ohio, United States
Transaction Type
Divestiture

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