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Calderys Acquires Termorak in Finland.

Issued at 2014-02-17



Paris, France – February 17, 2014 – Calderys, a world leader in Refractory Solutions and a subsidiary of Imerys (NYSE-Euronext Paris - NK-FP), announces that it acquired Termorak Group, a company specialized in Refractory Services (including lining design, refractory material sourcing, as well as installation work and inspections). With € 17.2 million revenue in 2012, Termorak is based in Finland, Sweden and Thailand.

Through the acquisition of Termorak, Calderys expands its position in the Petrochemical and Pulp & Paper Industries, as well as in the Power business in Finland, Russia, the Baltic countries and in South-East Asia.

Mr. Markus Larkimo, Managing Director of Calderys Finland OY states: "Calderys has been present in the Finnish market for over 80 years of service to the iron and steel, ferrous foundry, and boiler industries. Termorak’s world-class people, expertise and services fit perfectly in our portfolio and will enable us to offer a wider range of refractory solutions to all our customers."

For additional information, please visit: www.calderys.com

About Calderys:

A world leader in monolithic refractories, Calderys delivers top flight refractory products manufactured in its 18 production facilities spanning 16 countries. Along with the materials, the company also provides design, installation, maintenance, and repair service support. The comprehensive and high-performing product portfolio of Calderys is the result of innovative concepts, technological expertise, and over 100 years of experience in the refractory business. Calderys is a reliable and innovative refractory solution supplier that delivers consistent quality and brings you performance you can trust.

About Imerys:
The world leader in mineral-based specialty solutions for industry, with € 3.7 billion revenue and 15,805 employees, Imerys transforms a unique range of minerals to deliver essential functions (heat resistance, mechanical strength, conductivity, coverage, barrier effect, etc.) that are essential to its customers' products and manufacturing processes.


Source: Calderys



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