Covia acquiring Sidley sand operation

Covia signed an agreement to acquire R.W. Sidley’s silica sand mining operation in Thompson, Ohio.

Covia is a provider of mineral-based and material solutions for the industrial and energy markets.

“We’re excited to bring the Thompson team and operations into Covia, to expand our network and the range of products we offer,” says Barry Esposito, Covia’s executive vice president of industrial performance materials for the U.S. and Canada. “Customers of both companies will have access to a broad portfolio of high-quality products, along with the strength and support of Covia’s brand and expertise.”

With complementary commercial offerings and geographies, Covia expects the addition of the Thompson mine will allow it to reach more customers with more choices.

“Our team has worked tirelessly to create a strong portfolio of products and brands, foster strong industry relationships and make a positive impact on the communities we serve,” says Bob Buescher, president of R.W. Sidley. “That same team can now flourish under Covia’s resources and leadership. It’s wonderful knowing that the vision of Bob Sidley – our long-term, late leader – will continue to grow in Geauga County for years to come.”

Inglewood Associates served as R.W. Sidley’s financial advisor for the Covia transaction.

Late last year, R.W. Sidley came to an agreement with SRM Concrete to sell 11 ready-mixed concrete plants, one block plant and two aggregate docks.

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