Opta Minerals has production and distribution facilities throughout Canada and the US, as well as locations in France, Slovakia and Germany.
Speyside founding partner Kevin Daugherty said: “We are excited to announce the acquisition of Opta Minerals. It is a good business with excellent upside and a great way to start putting money to work for our new US$130 million fund that we closed in January.”
Speyside operating partner, Eric Wiklendt added: “We think that we have the right operational mindset and managerial discipline to complete the turnaround of Opta Minerals.”