(December 19, 2016) Simest, the Society for the Development of Italian Companies Abroad that Along with Sace is the exports and internationalization pole of the CDP Group, supports the expansion in Brazil of IMI Fabi Group of Milan, the player Important in ‘Extraction and processing of minerals for the production of talc, which is used in diversified sectors as plastic materials, automotive, food processing, pharmaceuticals. Acquiring 25% of the subsidiary IMI Fabi Brasil, through a capital Increase (an 8 million euro investment), Simest will allow the Italian Group to acquire the Brazilian Brumado Talc, thus becoming the main operator in the talc compartment in Brazil , a strategic market consisting of small operators unable to meet the needs of large multinational companies both in terms of volumes and quality of the offered product. (Red)
