SCR-Sibelco N.V. (ENXTBR:094426466) entered into a definitive agreement to acquire Strategic Materials, Inc. on April 23, 2024. Subject to receipt of U.S. regulatory clearances and the satisfaction of other customary closing conditions, the transaction is expected to close towards the end of Q2 2024 or early Q3 2024. SCR-Sibelco is being represented by Lazard as lead financial advisor and by Latham & Watkins as lead legal counsel on this transaction, whereas Strategic Materials is being represented by Ankura Consulting Group as lead financial advisor and by Arnold & Porter as lead legal counsel.