France-based Roullier Group has acquired 50% of independent magnesia producer Magnesium Do Brasil, a Brazilian company owned by the Franck family.
Magnesium Do Brasil's production capacity in 2010 was 20,000 tons per year of caustic calcined magnesia sourced from its two magnesite mines. Jucas and Pitombeiros, in the Ceara state of Brazil, it has since installed a second 170-ton-per-day shaft kiln to raise its capacity. It also has direct access to two ports.
Magnesium do Brasil has been a commercial partner with the Roullier Group for a few years and the companies share similar long-term development goals, the announcement said.
Magnesium do Brasil supplies the magnesium market in South America from its own mines. Located in northeast Brazil, the firm has direct access to two ports, which allows easy export access to major international markets.
Based in Dinard, France, family-owned Roullier owns 14 business lines split into three divisions, managing phosphates, magnesia and industrial solutions.
The company has focused more on the magnesia division in recent times, which consists mainly of TIMAB and Magnesitas Navarras. TIMAB is a 100% owned subsidiary that manufactures magnesia and phosphate products for the fertilizer and animal feed industries. TIMAB North America has offices in Minneapolis, Minn.
Magnesitas Navarras, which is jointly owned by Roullier (60%) and Grecian Magnesite SA (40%) since 2000, is a Spanish magnesia producer that produces magnesia for the refractory and fertilizer industries.
In January 2012, Roullier acquired a 50% stake in Dutch magnesia processor and distributor Van Mannekus & Co. BV, which was previously owned by Possehl Erzkontor GmbH.