Pickering Pacific acted as exclusive financial advisor to Imerys, the global leader in mineral-based specialty solutions for industry headquartered in France, on its successful acquisition of 100% of Kinta Powdertec Sdn Bhd on 2 July 2014.

Kinta Powdertec is based in Shah Alam, Malaysia and manufactures premium calcium carbonates for applications in the plastic, polymer and coatings industries in its plant in Ipoh.

This acquisition reinforces Imerys’ strong presence in Malaysia and bolsters its ground calcium carbonate activity in Asia.