Graymont and Grupo Calidra announced that they have entered into an agreement to purchase the global lime and limestone business of the Belgium-based Sibelco group. The purchase includes operations located across the Asia-Pacific region in Australia, Malaysia, Indonesia, the Philippines, and South America in Argentina and Chile.
The transaction is subject to regulatory approvals and is expected to be completed during 2019.
Pacific Fertiliser will continue to supply and deliver lime products from the Sibelco lime operations throughout their transition into the Graymont business.
Graymont is a global leader in the supply of lime and limestone products. It serves major markets throughout the United States and Canada and continues to extend its reach into the Asia-Pacific region. Founded in 1948, the family-owned company is based in Richmond, British Columbia, Canada.
If approved this deal will extend Graymont’s global reach in the Asia-Pacific region, with the acquisition of five active lime plants and a number of limestone quarries on the east coast of Australia such as Galong, Attunga, Riverton, Murgon and Calliope. As well as lime plants in Malaysia, Indonesia and the Philippines. Grupo Calidra will acquire the operations in Argentina and Chile.
Graymont already have a limestone business in neighboring New Zealand, which includes the Oparure Quarry and Makareao Plant – onlime.co.nz . The Aerolime product could be intersting product for Australia if it proves effective in NZ.
