# Elementis to acquire Mondo Minerals for $600 million

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.

- Type: Acquisition
- Announced: 2018-06-29
- Where: Netherlands
- Value: $600.0M
- Status: announced
- Products: industrial talc additives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Advent International](https://endata.com/companies/430.md) (investor)
- [Advent International](https://endata.com/companies/430.md) (partner)
- [Elementis](https://endata.com/companies/23788.md) (acquirer)
- [Mondo Minerals B.V.](https://endata.com/companies/32836.md) (target)

## Sources

- [investegate.co.uk](https://www.investegate.co.uk/announcement/rns/elementis--elm/proposed-600m-acquisition-280m-rights-issue/5151395), 2018-06-29: "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."
- [directorstalkinterviews.com](https://www.directorstalkinterviews.com/elementis-plc-agreement-mondo-minerals-b-v/412753643), 2018-06-29: "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."
- [cen.acs.org](https://cen.acs.org/business/Business-Roundup/96/i28), 2018-07-07: "Elementis, a British specialty chemical company, is buying the talc supplier Mondo Minerals from Advent International for $600 million."

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