Imi Fabi Acquires Elementis Talc to Expand Global Mining Portfolio
Deal News | May 29, 2025 | Finance Community IT - 1 Corporate M&A
Imi Fabi, a prominent player in the mineral extraction and processing sector, has successfully acquired Elementis Talc, the industrial talc division of Elementis. This acquisition marks a significant step in Imi Fabi's growth strategy, aiming to enhance its capacity to provide high-quality mining solutions globally. The transaction was financed by Banca Popolare di Sondrio, Cassa Depositi e Prestiti, Mediocredito Centrale, and SACE. Imi Fabi was advised by Mediobanca, with a team led by Francesco Dolfino, and Wepartner, along with Mineos as financial and strategic advisors. Rothschild & Co advised Elementis. Legal support was provided by Simmons & Simmons and Cleary Gottlieb Steen & Hamilton. All employees, facilities, assets, and commercial relationships of Elementis Talc have been transferred to Imi Fabi, though the Elementis brand will continue to be used during the integration phase. This acquisition allows Imi Fabi to extend its service to a growing number of industrial sectors with high-performance, environmentally friendly talc products, solidifying its position as a global leader focused on long-term innovation.
Sectors
- Mining and Minerals
- Financial Services
Geography
- Italy – Imi Fabi is an Italian company and the financing institutions involved in the acquisition are also based in Italy.
- United Kingdom – Elementis, the selling company, is a UK-based enterprise, making this a cross-border transaction within Europe.
Industry
- Mining and Minerals – The article focuses on Imi Fabi's acquisition of Elementis Talc, which is a significant player in the extraction and processing of talc, a key mineral.
- Financial Services – The financing for the acquisition was provided by several financial institutions including Banca Popolare di Sondrio and Mediocredito Centrale, demonstrating the role of financial services in facilitating M&A activities.
Financials
- Undisclosed – The financial terms of the acquisition have not been disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Imi Fabi | Acquirer | Company | An Italian company specializing in mineral extraction and processing focused on talc production. |
| Elementis Talc | Target | Company | The industrial talc division of Elementis, engaged in the production and distribution of talc. |
| Elementis | Vendor | Company | A UK-based company selling its talc division to Imi Fabi. |
| Mediobanca | Financial Advisor | Company | Provided advisory services to Imi Fabi during the acquisition. |
| Wepartner | Corporate Finance Advisor | Company | Assisted Imi Fabi in the acquisition process along with financial and strategic advisory. |
| Mineos | Financial and Strategic Advisor | Company | Involved in providing strategic and financial advisory services for Imi Fabi. |
| Rothschild & Co | Financial Advisor | Company | Advised Elementis in the sale of its talc division. |
| Simmons & Simmons | Legal Advisor | Company | Provided legal support in the transaction. |
| Cleary Gottlieb Steen & Hamilton | Legal Advisor | Company | Also provided legal advisory services for the transaction. |