Joint Financial Advisor to Buyer

Materials, Chemicals & Mining

Shinagawa Refractories

Japanese manufacturer of refractories and ceramics Japan

Acquired Selected Assets

Saint-Gobain S.A.

Brazilian and US Refractories Business Units of Saint-Gobain Brazil

Shinagawa Refractories acquired Saint-Gobain’s Refractories business in Brazil and Alumina based Wear Resistant Ceramics business in the United States

Shinagawa Refractories agreed to acquire Brazilian Refractories business and the Aluminabased Wear-Resistant Ceramics business in the United States from Saint-Gobain S.A. The acquisition of the Brazilian Refractories Business represents a natural extension of Shinagawa's longstanding collaboration with Saint-Gobain in Brazil.


The team from IMAP Brazil acted as joint financial advisor to Shinagawa.