# Unimin Corporation completes acquisition of Fairmount Santrol Holdings

Unimin Corporation completed the acquisition of Fairmount Santrol Holdings Inc., with Fairmount shareholders receiving $170 million in cash and 35% of the combined company, while Sibelco owns the remaining 65%.

- Type: Acquisition
- Announced: 2018-05-31
- Where: United States
- Value: $170.0M
- Status: completed
- Products: high purity quartz, industrial minerals
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Fairmount Santrol](https://endata.com/companies/28735.md) (target)
- [Unimin Corporation](https://endata.com/companies/28736.md) (acquirer)
- [Sibelco](https://endata.com/companies/29042.md) (investor)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/COVIA-HOLDINGS-CORPORATIO-109224297/news/Unimin-Corporation-completed-the-acquisition-of-Fairmount-Santrol-Holdings-Inc--34689534/), 2018-05-31: "Unimin Corporation completed the acquisition of Fairmount Santrol Holdings Inc."

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