Monofrax

Located in the State of New York, United States, Monofrax is a leading producer of fused cast refractory materials, mainly used within the construction of furnaces for the glass manufacturing and other industries. The company has more than 80 years of experience with refractory materials and offers a very diversified, high quality product portfolio. The company provides the full range of products from commodity to premium fused cased refractory materials. Furthermore, Monofrax is the sole and only supplier approved by the U.S. department of Energy for the production of the "K-3" refractory used for the vitrification of nuclear waste. The company has a total headcount of approximately 160 employees and revenues of USD 30mn. Within the first months post transaction Callista Private Equity will concentrate on the carve-out from the Group and on trimming the Company for standalone capabability.