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.