Cerha Hempel has advised the RHI Magnesita Group on the sale of its participation in RHI Normag AS and Premier Periclase Ltd to Callista Private Equity, following a bidding process. Financial details were not disclosed.
RHI Normag AS and Premier Periclase Ltd are manufacturing companies based in Norway and Ireland respectively, both of which predominantly produce caustic calcined magnesia products for the fertilizer, animal feed, hydro-metallurgical, pulp and paper, and environmental and refractory industries.
Registered in the Netherlands and listed on the London Stock Exchange, RHI Magnesita is a group of companies operating in the production of refractory products.
Cerha Hempel’s team included Managing Partner Albert Birkner, Counsel Wolfgang Sindelar, and Associate Jakob Weber.
Cerha Hempel could not provide additional information on the deal.