# Imerys selling roof tiles business valued at €1 billion

France's Imerys is selling its roof tiles business, expected to be valued at around €1 billion, with private equity firms Cinven, Lone Star, and Carlyle bidding. Final round bids are due in about three weeks.

- Type: Acquisition
- Announced: 2018-04-18
- Where: France
- Value: $1.23B (1.00B EUR)
- Status: announced
- Products: roof tiles
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Imerys](https://endata.com/companies/12404.md)
- [Carlyle Group](https://endata.com/companies/458.md) (investor)
- [Lone Star Funds](https://endata.com/companies/8698.md) (investor)
- [Cinven](https://endata.com/companies/23050.md) (investor)
- [Etex](https://endata.com/companies/28996.md) (partner)

## Sources

- [reuters.com](https://www.reuters.com/article/world/exclusive-imerys-selling-1-billion-euro-tiles-business-buyout-funds-bidding-idUSKBN1HP0MZ/), 2018-04-18: "France's Imerys is selling its roof tiles business as it streamlines its portfolio, people close to the matter said, expecting the asset to be valued at around 1 billion euros."

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