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U.S. Silica Holdings Inc. (NYSE: SLCA) delivers essential commercial silica solutions through integrated mining, processing, and logistics operations. This news hub provides investors and industry professionals with direct access to the company’s latest press releases, regulatory filings, and strategic updates.
Track critical developments including quarterly earnings reports, operational expansions, and innovations in materials science. Our curated collection ensures timely updates on SLCA’s advancements in oil & gas support services and industrial mineral applications.
Discover announcements related to supply chain enhancements, sustainability initiatives, and market leadership in commercial silica production. All content is sourced from official company communications to maintain accuracy and compliance.
Bookmark this page for streamlined access to SLCA’s evolving business narrative. Check regularly for updates reflecting the company’s role in powering industrial growth through high-performance mineral solutions.
U.S. Silica Holdings, Inc. (SLCA) has been acquired by funds managed by affiliates of Apollo (NYSE: APO) in a previously announced transaction. The company will continue to operate under the U.S. Silica name and brand, with Bryan Shinn and the existing executive team remaining in leadership roles. As part of the deal, shareholders will receive $15.50 per share in cash for each share of U.S. Silica common stock owned. Following the transaction completion, U.S. Silica's common stock has ceased trading on the New York Stock Exchange.
The acquisition marks a new chapter for U.S. Silica, a diversified minerals company and leading last-mile logistics provider to the oil and gas industry. Both parties express optimism about future growth opportunities, with Apollo highlighting U.S. Silica's high-quality reserve base and culture of innovation as key strengths.
U.S. Silica Holdings (NYSE: SLCA) announced that its stockholders have approved the previously announced acquisition by funds managed by Apollo (NYSE: APO) affiliates. The all-cash transaction, referred to as the Merger, received approval from over 75% of the company's outstanding shares at a special meeting held on July 16, 2024. Approximately 78% of the company's outstanding shares were voted at the meeting. The closing of the Merger is still subject to the terms and conditions of the agreement but is expected to occur before the end of the current quarter. U.S. Silica, a diversified industrial minerals company and leading last-mile logistics provider to the oil and gas industry, will file the final voting results in a Current Report on Form 8-K with the SEC.
U.S. Silica Holdings (NYSE: SLCA) announced a price hike on May 15, 2024, for most of its Industrial and Specialty Products. The increase, which ranges up to 20%, affects non-contracted silica, aplite, diatomaceous earth, clay, perlite, and cellulose products used across various industries including glass, filtration, foundry, and renewable diesel. The new pricing will be effective from July 1, 2024, and aims to offset rising costs and support business reinvestment.
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