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Elementis plc has reached an agreement to acquire Mondo Minerals B.V., a leading integrated producer of industrial talc additives, for an enterprise value of $600 million. The acquisition is subject to consultation procedures with Mondo's works council.
“The Company believes that the Acquisition represents an exceptional opportunity for Elementis to strengthen its position as a leading additives company underpinned by sustainable competitive advantages and significant growth opportunities.”investegate.co.uk
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