Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised Unimin Corporation, a wholly owned subsidiary of Sibelco, on its forthcoming merger with Fairmount Santrol, a leading provider of high-performance silica sand. The deal consideration consists of a mix of stock and cash. Unimin will list its stock on the New York Stock Exchange in connection with the transaction.

The merger, with an expected completion date in mid-2018, will combine the two long-standing businesses into a new leader in the proppant and industrial materials market space. On a pro forma basis, the new company would have had revenue of approximately $2.0 billion for the 12 month period ended September 30, 2017.

The New York-led Freshfields deal team was headed by partners Peter Lyons, Omar Pringle, and Aly El Hamamsy, with additional advice from partners David Almroth (finance), Michael Levitt (capital markets), and Robert Scarborough (tax).