M&A Deal Summary

Arch Resources Acquires International Coal Group - Illinois Basin

On October 1, 2007, Arch Resources, Inc. acquired metals/mining company International Coal Group - Illinois Basin from International Coal Group, Inc. for 39M USD

Acquisition Highlights
  • This is Arch Resources’ 4th transaction in the Metals/Mining sector.
  • This is Arch Resources’ 5th largest (disclosed) transaction.
  • This is Arch Resources’ 6th transaction in the United States.
  • This is Arch Resources’ 3rd transaction in Illinois.

M&A Deal Summary

Date 2007-10-01
Target International Coal Group - Illinois Basin
Sector Metals/Mining
Buyer(s) Arch Resources, Inc.
Sellers(s) International Coal Group, Inc.
Deal Type Divestiture
Deal Value 39M USD

Target

International Coal Group - Illinois Basin

Illinois, United States
International Coal Group - Illinois Basin consists of approximately 157 million tons of recoverable coal reserves and significant surface acreage.

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Buyer(S) 1

Buyer

Arch Resources, Inc.

St. Louis, Missouri, United States

website


Category Company
Founded 1969
SectorMetals/Mining
Employees3,203
Revenue 1.5B USD (2020)
DESCRIPTION

Arch is a coal producer and marketer. Its core business is supplying cleaner-burning, low-sulfur thermal and metallurgical coal to power generators and steel manufacturers on five continents. Arch was formed in 1969 and is based in St. Louis, Missouri.


DEAL STATS #
Overall 6 of 11
Sector (Metals/Mining) 4 of 7
Type (Divestiture) 1 of 3
State (Illinois) 3 of 3
Country (United States) 6 of 11
Year (2007) 1 of 1
Size (of disclosed) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-29 Mingo Logan Ben Creek

Wharncliffe, West Virginia, United States

Mingo Logan Ben Creek,engages in coal mining, production and exploration services. The assets, which include coal reserves, two mines and a loadout and processing plant.

Sell $40M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-01 Rio Tinto - Jacobs Ranch

United States

Rio Tinto - Jacobs Ranch produced 42.1 million tons of high-quality sub-bituminous coal for sale to power generators located throughout the United States.

Buy $764M

Seller(S) 1

SELLER

International Coal Group, Inc.

Scott Depot, West Virginia, United States

Category Company
SectorMetals/Mining
Employees2,766
DESCRIPTION

International Coal Group, Inc. is a producer of coal in Northern and Central Appalachia and the Illinois Basin. The company has 13 active mining complexes, of which 12 are located in Northern and Central Appalachia and one in Central Illinois. ICG's mining operations and reserves are strategically located to serve utility, metallurgical and industrial customers domestically and internationally.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 1 of 1