Sale of Dalian Mayerton Refractories Ltd

Our Mergers & Acquisitions team advised Mayerton Holdings Limited (“Mayerton”) in relation to the US$22m sale of its Chinese subsidiary, Dalian Mayerton Refractories Limited to Magnesita Refractorios S.A. from Brazil.      

Mayerton is a leading manufacturer and supplier of high quality refractories and tailor-made refractory solutions for the global iron and steel industry and to other refractory consuming industries worldwide.          

This was a complex transaction in which we worked with the BDO International M&A network including the BDO Shanghai office. Once the Sale had been agreed a period of time had to elapse for Chinese regulatory approval of the sale to go through.