M&A Deal Summary

CHL Holdings and Anglo American Acquire De Beers SA

On November 4, 2011, CHL Holdings and Anglo American acquired metals/mining company De Beers SA

Acquisition Highlights
  • This is CHL Holdings’ 1st and Anglo American’s 1st transaction in the Metals/Mining sector.
  • This is CHL Holdings’ 1st and Anglo American’s 1st transaction in Luxembourg.

M&A Deal Summary

Date 2011-11-04
Target De Beers SA
Sector Metals/Mining
Buyer(s) CHL Holdings
Anglo American
Deal Type Add-on Acquisition

Target

De Beers SA

Luxembourg
website
De Beers, established in 1888, is the world’s leading diamond company with unrivalled expertise in the exploration, mining and marketing of diamonds.

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Buyer(S) 2

Buyer

CHL Holdings

Brierley Hils,

website


Category Company
Sector Construction
DESCRIPTION

CHL Holdings Ltd is a family owned and family run business which was incorporated over 50 years ago.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Luxembourg) 1 of 1
Year (2011) 1 of 1
Buyer

Anglo American

London, United Kingdom

website


Category Company
Founded 1917
Sector Metals/Mining
Employees106,000
Revenue 41.6B USD (2021)
DESCRIPTION

Anglo American is a mining company, is headquartered in the UK and listed on the London and Johannesburg stock exchanges. Our portfolio of mining businesses meets our customers' changing needs and spans bulk commodities – iron ore and manganese, metallurgical coal and thermal coal; base metals and minerals – copper, nickel, niobium and phosphates; and precious metals and minerals – in which we are a global leader in both platinum and diamonds. Anglo American was incorporated in 1917 and is based in London, the United Kingdom.


DEAL STATS #
Overall 1 of 2
Sector (Metals/Mining) 1 of 2
Type (Add-on Acquisition) 1 of 1
Country (Luxembourg) 1 of 2
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-07 Boart Longyear

Salt Lake City, Utah, United States

Boart Longyear is a provider of drilling services, tools and equipment. Boart Longyear was established in 1890 and is based in Salt Lake City, Utah.

Sell $545M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-16 De Beers SA

Luxembourg

De Beers, established in 1888, is the world’s leading diamond company with unrivalled expertise in the exploration, mining and marketing of diamonds.

Buy $5M