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On the Record · Covia Holdings

Covia Holdings acquisitions, on the record

The businesses Covia Holdings bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Fairmount Santrol Holdings Inc.
Word for word“On June 1, 2018 (“Merger Date”), Unimin completed a business combination (“Merger”) whereby Fairmount Santrol merged into a wholly-owned subsidiary of Unimin and ceased to exist as a separate corporate entity.” 10-K for 2018
mergerJune 1, 2018—
HPQ Co. (global high purity quartz business)
Word for word“On May 31, 2018, prior to and as a condition to the closing of the Merger, Unimin contributed certain assets, comprising its global high purity quartz business in exchange for all of the stock of HPQ Co. and the assumption by HPQ Co. of certain liabilities.” 10-K for 2018
divestitureMay 31, 2018—
Fairmount Santrol
Word for word“Upon the consummation of the Merger, the former stockholders of Fairmount Santrol (including holders of certain Fairmount Santrol equity awards) received, in the aggregate, $170 million in cash consideration and approximately 35% of the common stock of Covia.” 10-K for 2019
merger—$170 million
Calera, Alabama lime processing facility
Word for word“On August 1, 2019, we completed the sale of the Calera, Alabama lime processing facility (“Calera”), to Mississippi Lime Company for approximately $135 million in cash, subject to certain adjustments.” 10-K for 2019
divestitureAugust 1, 2019approximately $135 million in cash
Winchester & Western Railroad
Word for word“On September 10, 2019, we completed the sale of the Winchester & Western Railroad (“W&W Railroad”) to an affiliate of OmniTRAX, Inc. for approximately $105 million in cash, subject to certain adjustments.” 10-K for 2019
divestitureSeptember 10, 2019approximately $105 million in cash
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2018-12-31$64.7 million$295.2 million

Deal filings since 2016

Read from Covia Holdings’s annual reports (10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2020-03-16. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.