# Imerys acquires calcium silicate producer Hysil in India

France-based Imerys, through its subsidiary Calderys Indian Refractories, acquired calcium silicate producer Hysil from CK Birla Group for EUR 10.1 million. The acquisition aims to secure lower raw material prices for high-temperature insulation used in the cement sector.

- Type: Acquisition
- Announced: 2020-01-20
- Where: India
- Value: $11.2M (10.1M EUR)
- Status: announced
- Products: calcium silicate, high temperature insulation
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Imerys](https://endata.com/companies/12404.md) (acquirer)
- [CK Birla Group](https://endata.com/companies/21712.md) (partner)
- [Calderys Indian Refractories](https://endata.com/companies/44664.md) (acquirer)
- [Hysil](https://endata.com/companies/44665.md) (target)

## Sources

- [globalcement.com](https://www.globalcement.com/news/11033-imerys-seeks-to-reduce-raw-materials-costs-with-hysil-acquisition), 2020-01-20: "The expansion to Imerys’ Indian operations is aimed at securing lower prices for raw materials for use in high temperature insulation in various industries, especially the cement sector."

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