Topics Filter


27. Acquisitions

Bentonite mining activities

In August 2020 Clariant acquired from Jianping Cimco Mining Co. Ltd, China the activities of Clay Industrial Minerals Co Ltd by way of an asset deal for a consideration of CHF 9 million. The acquisition included a goodwill of CHF 2 million. The purpose of the transaction is to secure longer-term access to clay and to strengthen the Business Unit Functional Mineral’s foothold and the Group’s position in the Chinese Foundry market.