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  6. Covia Acquires Fairmount Santrol

M&A Deal Summary

Covia Acquires Fairmount Santrol

On May 7, 2018, Covia acquired building materials company Fairmount Santrol

Acquisition Highlights
  • This is Covia’s 1st transaction in the Building Materials sector.
  • This is Covia’s 3rd transaction in the United States.
  • This is Covia’s 1st transaction in Texas.

M&A Deal Summary
Date 2018-05-07
Target Fairmount Santrol
Sector Building Materials
Buyer(s) Covia
Deal Type Merger

Target

Fairmount Santrol

Sugar Land, Texas, United States
Fairmount Santrol is a US producer of industrial sand in the United States. Fairmount Santrol services a wide variety of markets and industries, including oil and gas, glass, foundry, abrasive, filtration, pool filter, golf courses, artificial sports fields, and play sand.

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Buyer(S) 1

Buyer

Covia

Independence, Ohio, United States
Category Company
Founded 1970
Sector Metals/Mining
Revenue 1.6B USD (2019)
DESCRIPTION

Covia is a producer of high-quality products, distinctive technical capabilities, and the industry’s most comprehensive and accessible distribution network. The company has a strong legacy built on a spirit of partnership with each other which attracts great people and helps them excel while fueling innovation and prosperity for all stakeholders. Covia was founded in 1970 and is based in Independence, Ohio.

DEAL STATS #
Overall 3 of 3
Sector: Building Materials M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 Southern Lime

Calera, Alabama, United States

Southern Lime one of the world's leading industrial mineral producers and a subsidiary of Belgium-based SCR-Sibelco NV.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-08 Covia - Calera Business

Independence, Ohio, United States

Covia - Calera Business is a provider of high-calcium quicklime and hydrated lime products to customers in the Southeastern U.S. and across a range of end uses and applications.

Sell -
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