Independence, Ohio, March 18, 2024 -- Covia, a leading provider of mineral-based and material solutions for the Industrial and Energy markets, today announced that it has signed an agreement to acquire R.W. Sidley’s silica sand mining operation in Thompson, Ohio, effective in early 2024.
Bringing the Thompson facility and reserves into the Covia network provides customers of both companies with enhanced capacity, a broader range of products and services, and long-term availability of supply. With complementary commercial offerings and complementary geographies, the addition of the Thompson mine will allow Covia to reach more customers with more choices.
“We’re excited to bring the Thompson team and operations into Covia, to expand our network and the range of products we offer. 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,” said Barry Esposito, Covia’s executive vice president, industrial performance materials, U.S. and Canada.
R.W. Sidley's president, Bob Buescher, stated, “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. 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 LLC served as R.W. Sidley’s exclusive financial advisor for this transaction.
About Covia
Covia is a leading provider of diversified mineral solutions to a variety of industrial markets, including glass, ceramics, coatings, metals, foundry, polymers, construction, water filtration, sports and recreation, and oil and gas. The Company serves its customers through a broad array of high-quality products, including high-purity silica sand, nepheline syenite, feldspar, clay, kaolin, resin and coated materials, delivered through its comprehensive distribution network. Covia has built long-standing relationships with a broad customer base consisting of blue-chip customers. Underpinning these strengths is an unwavering commitment to safety and to sustainable development, further enhancing the value that Covia delivers to all its stakeholders. For more information, visit CoviaCorp.com.
About R. W. Sidley
R.W. Sidley specializes in construction aggregates, industrial minerals, sports turf aggregates, and offers comprehensive design/build solutions for precast concrete structures through the Sidley Precast Group. Its operations span the Great Lakes region, with facilities in Ohio and Pennsylvania, ensuring a strong regional presence. This is bolstered by its wholly owned transportation subsidiary, J.P. Jenks, which provides expert logistics and dedicated trucking services. The vertical logistics approach, featuring a modern trucking fleet and oversized hauling expertise, enables the company to offer reduced freight costs, short or long-term storage, and on-time delivery across the U.S. and Canada. This unique combination of services and geographical reach creates a competitive advantage in the market.
Contact:
Covia Media Relations
MediaRelations@CoviaCorp.com
R.W. Sidley Corporate Office
440.352.9343
mediainquiry@rwsidley.com
