October 3rd, 2014
We are pleased to announce that on October 3rd, 2014, Lhoist confirmed having completed the acquisition of Steetley Dolomite (‘Steetley’) a UK-based producer and supplier of dolime products.
The acquisition opens further opportunities to Lhoist to supply dolime to UK and non-UK customers both in the refractory and steel sectors. It also strengthens Lhoist portfolio with new products. On the other hand, Steetley benefits from a secure long-term future through this deal.
In the context of the transaction, Sycomore Corporate Finance acted as exclusive financial advisor to the Company and to its shareholders.
The transaction team comprised François Vigne, Stanislas de Gmeline and Khouloud Cheriqi.