Unimin and Fairmount Santrol Complete Merger; Combined Company Begins Trading as Covia
Covia began trading June 1 on the New York Stock Exchange (NYSE) under the ticker symbol CVIA.
Covia Holdings Corp. recently announced the completion of the strategic combination between Unimin Corp. and Fairmount Santrol. Covia began trading June 1 on the New York Stock Exchange (NYSE) under the ticker symbol CVIA. In connection with the completion of the transaction, Fairmount Santrol common stock ceased trading prior to the market opening on June 1 and will be delisted from the NYSE.
“Today is a historic day for Covia, and we would like to thank our stockholders, employees, customers and partners for their support in completing this significant achievement,” said Jenniffer Deckard, president and CEO. “As we make our debut as Covia, the strong foundation built by our two highly complementary legacy organizations underpins an industry leader, strongly positioned to serve customers’ needs through our broad array of high-quality products, distinctive technical capabilities, and the industry’s most comprehensive production and distribution network. We look forward to utilizing these unique competitive advantages to achieve our near-term synergy goals and to create significant long-term value for all of our stakeholders.”
Additional details are available at https://coviacorp.com.