IMERYS Conrad at the helm
When Conrad Keijzer was first appointed CEO and GillesMichel Chairman, we thought the most likely scenario would
be a mix of impairment to put an end to unfortunate
investments (proppants and natural graphite in Namibia) and
a sort of continuity for the rest of the business. We were
(partly) wrong. Total impairments along with the provision for
US talc have indeed been significant (EUR476m) but the
depth of the “Connect & Shape†plan is deeper than expected
and is set to change the group's culture.
Imerys is engaged in the production and the processing of minerals. Co.'s operations can be divided into four business groups: Minerals for Ceramics, Refractories, Abrasives and Foundry (minerals mainly for floor tiles, sanitaryware, porcelain, mobile energy as well as high-temperature and abrasive industries); Performance and Filtration Minerals (plastics, rubber, coatings, sealants and adhesives, health, beauty and filtration of nutrition liquids); Pigments for Paper (filler and coating products for paper) and Materials and Monolithics (construction materials in clay and slate and monolithic products and solutions for high-temperature industries).
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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