Thiele Kaolin Company and Imerys Performance Minerals have entered into an agreement of sale, through which Thiele will acquire certain Imerys kaolin assets that primarily support the paper and board industry.
Through the sale, Thiele will acquire mineral resources, as well as certain manufacturing assets, primarily supporting hydrous kaolin but also including some calcination capability. These mineral and manufacturing assets are located in central Georgia, strategically situated near other Thiele assets. Imerys has retained assets in Sandersville, Georgia and remains committed to the middle Georgia mining community and its business in the region.
The transaction is expected to be completed early in the 4Q 2021, subject to customary closing conditions.