M&A Deal Summary

Imerys USA Acquires World Minerals

On July 14, 2005, Imerys USA acquired manufacturer World Minerals from Alleghany for 217M USD

Acquisition Highlights
  • This is Imerys USA’s 1st transaction in the Manufacturing sector.
  • This is Imerys USA’s largest (disclosed) transaction.
  • This is Imerys USA’s 1st transaction in the United States.
  • This is Imerys USA’s 1st transaction in California.

M&A Deal Summary

Date 2005-07-14
Target World Minerals
Sector Manufacturing
Buyer(s) Imerys USA
Sellers(s) Alleghany
Deal Type Divestiture
Deal Value 217M USD

Target

World Minerals

San Jose, California, United States
World Minerals, Inc. is a manufacturer of diatomite and perlite products, for use in filtration and filler applications.

Search 198,123 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

Imerys USA

Roswell, Georgia, United States

Category Company
Founded 1990
Sector Building Materials
DESCRIPTION

Imerys USA, Inc. is a manufacturer and supplier of building materials and industrial minerals.


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Alleghany

New York, New York, United States

Category Company
Founded 1929
Sector Insurance
Employees10,407
Revenue 12.0B USD (2021)
DESCRIPTION

Alleghany owns and manages operating subsidiaries and investments, anchored by a core position in property and casualty reinsurance and insurance. Alleghany's property and casualty subsidiaries include: Transatlantic Holdings, Inc., a global reinsurer; RSUI Group, Inc., a national underwriter of property and liability specialty insurance coverages; and CapSpecialty, Inc., an underwriter of commercial property, casualty and surety insurance coverages. Alleghany's subsidiary Alleghany Capital Corporation engages in and oversees strategic investments and acquisitions. Alleghany Corporation was founded in 1929 and is based in New York City.


DEAL STATS #
Overall 1 of 4
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 2
State (California) 1 of 2
Country (United States) 1 of 4
Year (2005) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-07-07 Royal Specialty

Atlanta,, Georgia, United States

Royal Specialty provides insurance solutions including excess casualty, primary liability, director’s and officer’s liability, and special property.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-18 Pacific Compensation

Agoura Hills, California, United States

Pacific Compensation Corp.engages in the insurance services for property and casualty business.

Buy $193M