HgCapital Eyes €400M Mondo Mineral Sale

HgCapital is seeking to sell talc mining and processing company, Mondo Minerals.

HgCapital is seeking to sell talc mining and processing company, Mondo Minerals, Reuters reports. The mid-market private equity firm is looking to fetch around €300-400 million from the sale of Mondo.

HgCapital has appointed Lazard to sell the Amsterdam-based business. It acquired Mondo Minerals for €230 million from global producer of industrial minerals, Omya, in 2007.

Click here for the story from Reuters.