Fairmount Santrol and Unimin merge creating Covia
Clients Fairmount Santrol Holdings Inc.
Jones Day advised Fairmount Santrol in its merger with Unimin Corporation, a wholly owned subsidiary of SCR-Sibelco NV, in a tax-free, cash and stock transaction, creating a leader in proppant and industrial materials solutions. The combined company is now known as Covia Holdings Corporation ("Covia") and trades on the New York Stock Exchange ("NYSE") under the ticker symbol "CVIA".
In addition to M&A representation, Jones Day provided antitrust, employee benefits, energy, and tax advice regarding this transaction.