Magris Acquires Imerys' North American Talc Subsidiaries

Nov 19th, 2020

Michele Behrens

Imerys Minerals

Imerys Talc America is a talc producer in North America.

Imerys Talc America is a talc producer in North America.

Photo 141757606 © Anastassiya Bezhekeneva | Dreamstime.com

Imerys’ North American subsidiaries’ assets have been sold to Magris Resources Canada Inc. for US $223 million, as reported by Vermont Business Magazine.

Related: Johnson & Johnson Ends Talc-based Baby Powder Sales in North America

Imerys is the talc miner used for Johnson & Johnson’s baby powder and other products. Due to the large number of lawsuits that have emerged due to claiming talc has caused cancer in consumers, Imerys Talc America, Imerys Talc Vermont and Imerys Talc Canada were sold in order to compensate the talc victims and try to emerge from Chapter 11.

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