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Imerys Talc Vermont, subsidiaries complete sale to Magris Resources

Assets will operate under the name Magris Talc Vermont Business Magazine Today, the North American Talc Subsidiaries of Imerys (Imerys Talc America, Imerys Talc Vermont, and Imerys Talc Canada) announced the completion of the sale of substantially all of their assets to affiliates of Magris Resources Canada Inc. The US assets and related operations are now owned by Magris Talc USA, Inc. and the Canadian assets and related operations are now owned by Magris Talc Canada Inc. The United States Bankruptcy Court for the District of Delaware (the U.S. Court ) approved the sale, which includes an agreement to assume certain Assumed Liabilities, on November 16, 2020 as part of the Debtors ongoing Chapter 11 process. The Canadian court granted recognition of the sale on November 25, 2020.

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