PLATINUM EQUITY TO ACQUIRE HIGH TEMPERATURE SOLUTIONS BUSINESS FROM IMERYS FOR €930 MILLION streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Platinum Equity today announced that it has entered into exclusive negotiations to acquire Imerys SA s High Temperature Solutions business.
/PRNewswire/ Platinum Equity today announced that it has entered into exclusive negotiations to acquire Imerys SA s High Temperature Solutions business.
Platinum Equity to Acquire Global Environmental Services Business Urbaser from China Tianying for $4.2 Billion
Acquisition of Madrid-Based Integrated Waste Management Company
Adds to Global Buyout Firm s Momentum in Europe
LOS ANGELES and MADRID (June 6, 2021) - Platinum Equity today announced that it has entered into a definitive agreement to acquire Urbaser, one of the world s largest providers of environmental services, from China Tianying Inc. for an enterprise value of approximately $4.2 billion (€3.5 billion). The sale is expected to be completed during the third quarter of 2021, subject to China Tianying shareholder and customary regulatory approvals.
Urbaser is a leading global environmental management company oriented towards sustainability and innovation, serving more than 70 million people in 25 countries through a network of more than 50,000 employees. Currently, it is responsible for cleaning more than 8 million kilometers of streets in different cities around the