M&A Deal Summary

Minerals Technologies Acquires Normerica

On July 26, 2021, Minerals Technologies acquired consumer products company Normerica

Acquisition Highlights
  • This is Minerals Technologies’ 1st transaction in the Consumer Products sector.
  • This is Minerals Technologies’ 1st transaction in Canada.
  • This is Minerals Technologies’ 1st transaction in Ontario.

M&A Deal Summary
Date 2021-07-26
Target Normerica
Sector Consumer Products
Buyer(s) Minerals Technologies
Deal Type Add-on Acquisition

Target

Normerica

Port Credit, Ontario, Canada
Normerica manufactures pet products in North America and Europe. Normerica offers sodium bentonite clumping cat litters, pine cat litters, scoopable crystal blend cat litters, silica gel crystal cat litters, and scoopable cat litters. The company also provides dog biscuits, beef dog chews, pig ears, canine dental hygiene chews, dog chews, litter box maintenance products, pet transporters, dishes, and bowls. In addition, it offers packaging formats that include boxes, plastic jugs, printed plastic pails, laminated bags, and stand-up pouches. Normerica is based in Port Credit, Ontario.

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Buyer(S) 1

Buyer

Minerals Technologies

New York, New York, United States
Category Company
Founded 1968
Sector Chemicals
Employees3,961
Revenue 2.2B USD (2023)
DESCRIPTION

Minerals Technologies is a resource and technology-based company that develops, produces and markets worldwide a broad range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. The Company has two reportable segments: Specialty Minerals and Refractories. Minerals Technologies was founded in 1968 and is based in New York, New York.

DEAL STATS #
Overall 4 of 4
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-05 Sivomatic Holding B.V.

Moerdijk, Netherlands

Sivomatic Holding B.V. is a manufacturer of premium cat litter in Europe. Sivomatic Holding was founded in 1924 and is based in Moerdijk, Netherlands.

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