Imerys has agreed to acquire Kerneos from Astorg, enhancing its specialty minerals portfolio and positioning itself for growth in high-potential markets.

Information on the Target

Imerys has announced its agreement to acquire Kerneos from Astorg, marking a significant step in its development strategy. This acquisition comes less than two years after S&B’s takeover of Kerneos and aims to enhance Imerys’ specialty mineral offerings in high-potential markets. By integrating Kerneos, Imerys anticipates improving its growth trajectory and profitability profile while simultaneously creating substantial value.

Kerneos specializes in calcium aluminate technologies, producing performance binders that offer essential attributes such as rapid hardening, self-leveling, sealing, and resistance to wear, corrosion, and heat. These properties are crucial for innovative solutions across various sectors, including construction (screed and adhesive tile mortars), civil engineering (sewage system infrastructure), and refractories (protection for blast furnaces and thermal power plants).

Industry Overview in France

The construction and civil engineering sectors in France are currently experiencing robust growth, driven by increased infrastructure investment and urban development projects. The demand for high-performance materials,