Minerales y Productos Derivados, S.A. acquired La Chape Liquide SAS and Gyvlon LTD and Gyvlon BV and Gyvlon Gmbh from Siniat International, SAS for €21.9 million.
August 01, 2013 at 09:30 am IST
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Minerales y Productos Derivados, S.A. (BDM:MYD) acquired La Chape Liquide SAS and Gyvlon LTD and Gyvlon BV and Gyvlon Gmbh from Siniat International, SAS for €21.9 million on August 1, 2013. The sale proceeds will be used primarily to pursue Etex's investment policy with targeted takeovers and organic growth. Frederic Jungels, Marc Castagnede, Florence Ninane, Ahmed Baladi, Charles Dauthier, Joris Beerman, Deborah Gelblat of Allen & Overy LLP acted as legal advisor for Siniat International.
Minerales y Productos Derivados, S.A. (BDM:MYD) completed the acquisition of La Chape Liquide SAS and Gyvlon LTD and Gyvlon BV and Gyvlon Gmbh from Siniat International, SAS on August 1, 2013.
Minerales y Productos Derivados SA (MINERSA) is a Spain-based company principally engaged in the mining sector. The Companyâs activities include the extraction, exploitation and sale of such industrial minerals as fluorspar, barite, sepiolite and bentonite. The Company is also involved in the chemical sector and it produces sodium sulfate and fluorochemicals. The Company is a parent of Grupo Minersa, a group which comprises a number of controlled entities, such as Derivados del Fluor SA, Sepiol SA, Fluoritas Asturianas SLU, SA Sulquisa, Mercados Mundiales Import Export SA, Fami-Cuatro de Inversiones SA, Vergenoeg Mining Company (Pty) Ltd, Anhivel Soluciones Anhidrita SLU and Minersa Fluorita SLU. As of December 31, 2011, Lombard International Assurance SA was the Companyâs major shareholder with 15.7% of its interest.
Minerales y Productos Derivados, S.A. acquired La Chape Liquide SAS and Gyvlon LTD and Gyvlon BV and Gyvlon Gmbh from Siniat International, SAS for €21.9 million.
MINERALES Y PRODUCTOS DERIVADOS, S.A. 
