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Home  > Markets & companies  > Coatings market  > Golden Gate Capital acquires Active Minera...

Sunday, 22 September 2019
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Markets & companies, Coatings market

Golden Gate Capital acquires Active Minerals International

Friday, 23 November 2018

Golden Gate Capital, a private equity investment firm, announced that it has completed the acquisition of Active Minerals International (AMI) from Merit Capital Partners.

AMI specialises in industrial minerals, including kaolin and attapulgite clay minerals. Source: Coprid – stock.adobe.com.

AMI specialises in industrial minerals, including kaolin and attapulgite clay minerals. Source: Coprid – stock.adobe.com.

AMI will continue to be led by its current management team, including President and Chief Executive Officer Dennis Parker. Management will retain a significant ownership stake in the business. Financial terms of the transaction were not disclosed. "We are excited to partner with Golden Gate Capital, who is fully aligned with our long-term strategic vision and has a demonstrated track record of building long-term value for its portfolio companies,” said Mr. Parker.

About Active Minerals International (AMI)

Founded in 1964, AMI is a global producer and distributor of specialty industrial minerals, including kaolin and gel quality attapulgite clay minerals. AMI is headquartered in Sparks, Maryland and has regional offices in China, Taiwan, Mexico and Australia. The Company’s products are sold globally for industrial, agricultural and construction-related applications.

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