M&A Deal Summary

Draslovka Acquires The Chemours Company - Mining Solutions Business

On July 26, 2021, Draslovka acquired metals/mining company The Chemours Company - Mining Solutions Business from Chemours for 520M USD

Acquisition Highlights
  • This is Draslovka’s 1st transaction in the Metals/Mining sector.
  • This is Draslovka’s largest (disclosed) transaction.
  • This is Draslovka’s 1st transaction in the United States.
  • This is Draslovka’s 1st transaction in Delaware.

M&A Deal Summary

Date 2021-07-26
Target The Chemours Company - Mining Solutions Business
Sector Metals/Mining
Buyer(s) Draslovka
Sellers(s) Chemours
Deal Type Divestiture
Deal Value 520M USD

Target

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.

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Buyer(S) 1

Buyer

Draslovka

Kolín, Czech Republic

Category Company
Sector Chemicals
DESCRIPTION

Draslovka engages in cyanide-based chemical specialties and agricultural chemicals including next-generation fumigants and biocides. Draslovka has more than 100 years of experience in hydrogen cyanide (HCN) production and HCN chemistry and specializes in the production of fully synthetic and highly purified liquid HCN, which undergoes further processing for application in a variety of downstream products ranging from the mining through to agriculture sectors. Draslovka is based in Kolín, Czech Republic.


DEAL STATS #
Overall 2 of 4
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 2 of 2
State (Delaware) 1 of 1
Country (United States) 1 of 1
Year (2021) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-12 Sasol - Sodium Cyanide Business

Sandton, South Africa

Sasol's Sodium Cyanide Business is a Czech-based company specializing in cyanide production. Sasol's Sodium Cyanide Business is based in Sandton, South Africa.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-04 Intreso

Antwerpen, Belgium

Intreso is a provider of pest control treatment services of cargo and goods. The group offers end-to-end specialist treatment solutions for goods owners, terminal operators, traders, freight forwarders and shipping lines ensuring that their sensitive goods such as tree logs, soft commodities and breakbulk are treated in accordance with the highest industry standards and with the appropriate phytosanitary requirements and certification. Intreso is based in Antwerpen, Belgium.

Buy -

Seller(S) 1

SELLER

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 5 of 5
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 5 of 5
State (Delaware) 3 of 3
Country (United States) 5 of 5
Year (2021) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-02 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.

Buy -