M&A Deal Summary

Cimbar Performance Minerals Acquires Excalibar Minerals

On October 20, 2022, Cimbar Performance Minerals acquired metals/mining company Excalibar Minerals from Newpark Resources

Acquisition Highlights
  • This is Cimbar Performance Minerals’ 1st transaction in the Metals/Mining sector.
  • This is Cimbar Performance Minerals’ 1st transaction in the United States.
  • This is Cimbar Performance Minerals’ 1st transaction in Texas.

M&A Deal Summary
Date 2022-10-20
Target Excalibar Minerals
Sector Metals/Mining
Buyer(s) Cimbar Performance Minerals
Sellers(s) Newpark Resources
Deal Type Divestiture

Target

Excalibar Minerals

Katy, Texas, United States
Excalibar Minerals is a processor and supplier of industrial minerals. Its services include sourcing, processing, packaging, and distributing quality minerals used as fillers/extenders in paint, plastics, ceramics, and oil service end products. Excalibar Minerals was formed in 1990 and is based in Katy, Texas.

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Buyer(S) 1

Buyer

Cimbar Performance Minerals

Chatsworth, Georgia, United States
Category Company
Founded 1914
Sector Metals/Mining
DESCRIPTION

Cimbar Performance Minerals is focused on delivering performance mineral-based additive solutions across multiple markets and industries specializing in barium sulfate, calcium carbonate, talc, and alumina trihydrate. Cimbar operates 17 production sites in the United States, Mexico, China, and Pakistan. Cimbar Performance Minerals was formed in 1914 and is based in Chatsworth, Georgia.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

SELLER

Newpark Resources

The Woodlands, Texas, United States
Category Company
Founded 1932
Sector Energy Services and Equipment
Employees1,550
Revenue 750M USD (2023)
DESCRIPTION

Newpark Resources is a provider of drilling fluids, temporary worksites and access roads for oilfield and other commercial markets. Newpark Resources was founded in 1932 and is based in The Woodlands, Texas.

DEAL STATS #
Overall 2 of 3
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 2 of 2
State (Texas) 1 of 2
Country (United States) 2 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-17 Newpark Environmental Services

Lafayette, Louisiana, United States

Newpark Environmental Services LP is a provider of oilfield waste disposal and environmental services in the Gulf Coast region of the U.S. and in the Permian Basin.

Sell $100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-15 Newpark Fluids Systems

The Woodlands, Texas, United States

Newpark Fluids Systems provides drilling and completion fluids products and related technical services to customers for oil, natural gas, and geothermal projects primarily in North America, Europe, the Middle East, and Africa, as well as certain countries in Asia Pacific. NFS utilizes a fluids-focused and global reach, local knowledge approach to improve the efficiency & productivity of customer operations globally.

Sell -
Mergr

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