Valence adviseert directie van US Silica over verwerving EP Minerals
NEW YORK–(BUSINESS WIRE)– The Valence Group heeft de raad van bestuur van US Silica een billijkheidsoordeel verschaft met betrekking tot zijn aangekondigde overname van EP Minerals voor 750 miljoen dollar. De transactie is naar verwachting in het tweede kwartaal van 2018 afgerond.
Over US Silica
U.S. Silica Holdings, Inc., een bedrijf uit de Russell 2000, is een toonaangevende producent van silica voor de olie- en gasindustrie en uiteenlopende industriële toepassingen. In zijn 118-jarige bestaan heeft U.S. Silica kerncapaciteiten ontwikkeld in de mijnbouw, verwerking, logistiek en materiaalwetenschappen. Dit heeft het bedrijf in staat gesteld meer dan 200 verschillende producten te maken en te leveren.
Valence Advises the Board of Directors of US Silica on Its Acquisition of EP Minerals
NEW YORK–(BUSINESS WIRE)– The Valence Group provided a fairness opinion to the Board of Directors of US Silica (NYSE:SLCA) on its announced acquisition of EP Minerals for $750 million. The transaction is expected to close during the second quarter of 2018.
About US Silica
U.S. Silica Holdings, Inc., a member of the Russell 2000, is a leading producer of commercial silica used in the oil and gas industry, and in a wide range of industrial applications. Over its 118-year history, U.S. Silica has developed core competencies in mining, processing, logistics and materials science that enable it to produce and cost-effectively deliver over 200 products.
About EP Minerals
EP Minerals, with sales of over $200 million, is a global producer of engineered materials derived from industrial minerals, including diatomaceous earth (DE), clay (calcium bentonite) and perlite. The company is the number one or number two player in each of its global markets.
About The Valence Group
The Valence Group is a specialist investment bank offering M&A advisory services exclusively to companies and investors in the chemicals, materials and related sectors. The Valence Group team includes a unique combination of professionals with backgrounds in investment banking and strategy consulting within the chemicals and materials industries, all focused exclusively on providing M&A advisory services to the chemicals and materials sector. The firm’s offices are located in New York and London.
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Contacts
The Valence Group
Paul Lakind, 212-847-7339
plakind@valencegroup.com