July 16, 2015

　　Following its binding offer, Imerys has entered into exclusive negotiations with Solvay to acquire its precipitated calcium carbonates (PCC) division.

　　The PCC business has four plants, in Germany, Austria, France, and the United Kingdom. It serves mainly the automotive, building, and consumer goods markets through specialty applications. In 2014, it generated €59 million of revenue.

　　The conclusion of the acquisition is subject to prior consultation with employee representatives and approval by the relevant regulatory authorities, and should become effective during the second half of 2015.