Golden Gate Capital Buys Active Minerals International
MILWAUKEE — Private equity investment firm Golden Gate Capital has completed the acquisition of Active Minerals International LLC (AMI) from Merit Capital Partners. AMI will continue to be led by its current management team, including President and Chief Executive Officer Dennis Parker. Management will retain a significant ownership stake in the business. Financial terms of the transaction were not disclosed.
Founded in 1964, AMI is a leading global producer and distributor of specialty industrial minerals, including kaolin and gel-quality attapulgite clay minerals. AMI is headquartered in Sparks, Maryland, and has regional offices in China, Taiwan, Mexico and Australia. The company’s products are sold globally for industrial, agricultural and construction applications.