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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Sadif Analytics Prime
Provider: Sadif Analytics Prime

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Magnesita Refratarios SA to Acquire Dalian Mayerton Refractories Co Limited

Monday, 22 Apr 2013 08:05am EDT 

Magnesita Refratarios SA announced that on April 22, 2013 it signed an agreement to acquire Dalian Mayerton Refractories Co Limited (DMR), a of refractory production unit located in the city of Dalian in the Liaoning Province in the People's Republic of China with the installed production capacity of 50,000 tons per year of refractory brick based on magnesia carbon. DMR belongs to Mayerton Group, a producer and supplier of refractory. The value of the transaction and approximately USD 22 million (including liabilities DMR) and includes all assets and current employees of DRM. After closing, it will be renamed Magnesite Refractories (Dalian) Co Ltd. 

Company Quote

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26 Jan 2015