M&A Deal Summary

Chemours Acquires Southern Ionics Minerals

On August 2, 2019, Chemours acquired metals/mining company Southern Ionics Minerals

Acquisition Highlights
  • This is Chemours’ 1st transaction in the Metals/Mining sector.
  • This is Chemours’ 1st transaction in the United States.
  • This is Chemours’ 1st transaction in Georgia.

M&A Deal Summary

Date 2019-08-02
Target Southern Ionics Minerals
Sector Metals/Mining
Buyer(s) Chemours
Deal Type Add-on Acquisition

Target

Southern Ionics Minerals

Patterson, Georgia, United States
Southern Ionics Minerals LLC is a minerals exploration, mining, and manufacturing company. Southern Ionics Minerals LLC mines and processes titanium and zirconium mineral sands from a similar geological formation as those produced by Chemours at the company's existing mineral sands mine in Florida.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Chemours

Wilmington, Delaware, United States

Category Company
Founded 2014
Sector Chemicals
Employees6,500
Revenue 6.0B USD (2023)
DESCRIPTION

Chemours provides performance chemicals by operating three reporting segments: Titanium Technologies, Fluoroproducts, and Chemical Solutions. Chemours' Titanium Technologies segment is a global producer of titanium dioxide (TiO2), a premium white pigment used to deliver whiteness, brightness, opacity, and protection in a variety of applications. Chemours' Fluoroproducts segment is a global provider of fluoroproducts, such as refrigerants and industrial fluoropolymer resins. Its' Chemical Solutions segment is a North American provider of industrial and specialty chemicals used in gold production, oil refining, agriculture, industrial polymers, and other industries. Chemours was founded in 2014 and is based in Wilmington, Delaware.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-14 The Chemours Company - Sulfur Products Business

Wilmington, Delaware, United States

The Chemours Co. LLC - Sulfur Products Business is a manufacturer hundreds of compounds needed by almost every industry. Natural gas and oil contain sulfur compounds, both organic and hydrogen sulfide, both of which must be removed before they are used as fuels or chemical feedstock.

Sell $325M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-26 The Chemours Company - Mining Solutions Business

Wilmington, Delaware, United States

Chemours Mining Solutions Business offers on-site unloading services to reduce handling time. Chemours is committed to sodium cyanide safety, recognizing the critical importance of handling protocols to protect employees.

Sell $520M