J.M. Huber Corporation Completes Acquisition of Active Minerals International from Golden Gate Capital
ATLANTA, SPARKS, MD and SAN FRANCISCO – (June 5, 2024) – J.M. Huber Corporation (“Huber”) announced today that through its subsidiary Huber Engineered Materials, LLC (“HEM”) it has completed the acquisition of Jurassic Holdings Corp. and its subsidiaries, including Active Minerals International, LLC, (“Active Minerals” or “AMI”) from Golden Gate Capital. AMI is now part of the Huber Specialty Minerals (“HSM”) business unit within HEM, a niche materials manufacturing company within the Huber portfolio.
About J.M. Huber Corporation
J.M. Huber Corporation, headquartered in Atlanta, Georgia (US), operates a diverse portfolio of companies: CP Kelco, Huber Engineered Materials, Huber Engineered Woods and Huber Resources Corp. With locations around the world, our businesses create products used in a broad range of applications including personal care, food and beverage, agricultural nutrients and adjuvants, building materials, flame retardants and smoke suppressants, as well as sustainable forestry services. Founded in 1883, Huber is one of the largest family-owned companies based in the US. For more information, visit www.huber.com.
About Huber Engineered Materials
Huber Engineered Materials (HEM), headquartered in Atlanta, Georgia (US), is a global leader in the production of calcium carbonate and sodium bicarbonate for use in a variety of health and nutrition applications, as well as construction applications, including joint compound, caulking, paints, grouts, mortars, PVC piping, concrete and more.
HEM is focused on engineered specialty chemical and minerals that enhance the performance, appeal and processing of a broad range of products used in industrial, agricultural and consumer applications and also has a portfolio of high value agricultural nutrients and adjuvants and industrial, food and USP grade calcium carbonate products. For more information, visit www.hubermaterials.com.
About Active Minerals International
Active Minerals International, LLC (AMI) produces a wide range of high-quality attapulgite and air-floated kaolin clay products at multiple operations in the Southeastern United States. The award-winning company is dedicated to conserving natural resources, reclaiming mined land and leaving the Earth a better place. Through mines, processing plants and storage facilities in the United States, Asia, and Europe, AMI delivers high quality industrial mineral products that are used by industries and organizations across the world. A knowledgeable and dedicated team of geologists, engineers, chemists, sales, and customer service professionals ensure that AMI supplies high-quality, cost-effective mineral products worldwide. For more information, visit www.activeminerals.com
About Golden Gate Capital
Golden Gate Capital is a San Francisco-based private equity firm with approximately $20 billion in cumulative committed capital. With a long-term investment philosophy, the principals of Golden Gate Capital have a long history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments. For more information, visit www.goldengatecap.com.
Contacts
For J.M. Huber Corporation
Lea Volpe
Vice President, Communications & Community Relations
(678) 247-7128
For Active Minerals
John Goosman
(410) 823-0627
For Golden Gate Capital
FGS Global
Hayley Cook/Bridget Stephan