Covia Closes the Sale of Its Calera Lime Facility for $135 Million
COVIA HOLDINGS CORP (CVIA)
Last covia holdings corp earnings: 3/10 06:00 am
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Source: GlobeNewswire
INDEPENDENCE, Ohio, Aug. 01, 2019 (GLOBE NEWSWIRE) -- Covia (NYSE:CVIA), a leading provider of mineral-based and material solutions for the Industrial and Energy markets, announced that effective today, it has closed on the sale of its Calera, Alabama lime processing facility to Mississippi Lime Company. Gross proceeds are $135.0 million in cash, subject to certain post-closing adjustments as set forth in the definitive agreement. About Covia Covia is a leading provider of mineral-based material solutions for the Industrial and Energy markets, representing the legacy and combined strengths from the June 2018 merger of Unimin and Fairmount Santrol. The Company is a leading provider of diversified mineral solutions to the glass, ceramics, coatings, foundry, polymers, construction, water filtration, sports and recreation markets. The Company offers a broad array of high-quality products, including high-purity silica sand, nepheline syenite, feldspar, clay, kaolin, resin systems and
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