On day one of One Equity Partners’ acquisition of Boral Resources and Green Cement, the two companies were combined to create Eco Material Technologies. Boral Resources was the North American fly ash business of Australian company Boral Limited. Green Cement manufactures near-zero carbon cement alternatives. The $826 million deal, which closed in February of 2022, is part of One Equity’s focus on green investments. Warburg Pincus co-invested alongside One Equity.
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