# Imerys agrees to acquire Kerneos from Astorg for €880M

Imerys has agreed to acquire Kerneos from Astorg for €880 million. Kerneos produces calcium aluminate binders for construction and refractories, with €415 million in revenue.

- Type: Acquisition
- Announced: 2017-06-21
- Where: France
- Value: $985.0M (880.0M EUR)
- Status: announced
- Products: calcium aluminate binders
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Astorg](https://endata.com/companies/3555.md) (investor)
- [Imerys](https://endata.com/companies/12404.md) (acquirer)
- [Kerneos](https://endata.com/companies/20627.md) (target)

## Sources

- [sycomore-cf.com](https://www.sycomore-cf.com/transactions/kerneos/), 2017-06-21: "Imerys has agreed to acquire Kerneos from Astorg."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.