Feb. 21, 2023 - Following the completion of HarbisonWalker International (HWI)’s acquisition by Platinum Equity by way of a merger agreement, the global investment firm confirmed Calderys and HWI will join forces to create a leading world-class refractories solutions provider.
Michel Cornelissen, currently President and CEO of Calderys, is appointed Global CEO of the combined company, effective immediately.
“We have a tremendous opportunity to bring together the best of both companies to create a high-growth, customer-centric refractories provider with global scale.” He said. “Our goal is to be the best partner for our customers anywhere in the world, to support them in their energy transition needs, and to set a new benchmark for the industry.”
“The HarbisonWalker brand is highly respected and vital to the long-term success of the combined company,” said Platinum Equity Partner Louis Samson. “We will continue investing in its growth and expansion in the Americas.”
Platinum Equity said it will seek additional opportunities to help the combined company grow.
Sponsored by: ACRI (The Association of China Refractories Industry), Tangshan YinNaiLian E-Business Co., Ltd.
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