Phelps Dodge - M&A Summary, Ownership, and Business Overview

Metals/miningCompany

Phelps Dodge M&A Summary

Phelps Dodge has acquired 2 companies of its own. A total of 1 acquisition came from private equity firms. It has also divested 2 assets.

Phelps Dodge’s largest acquisition to date was in 1999, when it acquired Cyprus Amax Minerals for $1.8B. It’s largest disclosed sale occurred in 1997, when it sold Accuride to KKR for $480M. Phelps Dodge has acquired in 2 different US states. The Company’s most targeted sectors include manufacturing (50%) and metals/mining (50%).

Phelps Dodge Ownership

Who owns Phelps Dodge?

Phelps Dodge is owned by Freeport-McMoRan. It was acquired on November 19, 2006.

Phelps Dodge Business Overview

Where is Phelps Dodge headquartered?

Phelps Dodge is headquartered in Phoenix, Arizona.

How many employees does Phelps Dodge have?

Phelps Dodge has 15,000 employees.

What sector is Phelps Dodge in?

Phelps Dodge is a metals/mining company.

When was Phelps Dodge founded?

Phelps Dodge was founded in 1834.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity2
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 3

Phelps Dodge Corp.

2600 North Central Avenue,
Phoenix, Arizona 85004
United States,
(602) 234-8100

Phelps Dodge is a producer of copper and molybdenum and is the largest producer of molybdenum-based chemicals and continuous-cast copper rod. The company employs 15,000 people worldwide.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $2.1B $2.1B
Sell (0.0/yr) # 2 - - - - - 2
vol $532M $532M
  4

Most Recent M&A

Company Date Value Type
IWG High Performance Conductors, Inc. 2006-04-04 52M USD Divestiture
Inman, South Carolina · www.iwghpc.com
Cyprus Amax Minerals Co. 1999-09-30 1.8B USD Add-on Acquisition
Englewood, Colorado
Accuride Corp. 1997-11-18 480M USD Divestiture
Evansville, Indiana · www.accuridecorp.com
Accuride Corp. 1988-02-13 270M USD Add-on Acquisition
Evansville, Indiana · www.accuridecorp.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Manufacturing 1 (50%) 270M (13%) 1 (50%) 480M (90%)
Metals/Mining 1 (50%) 1.8B (87%) - -
Electrical Equipment - - 1 (50%) 52M (10%)
Total 2 $2.1B 2 $532M

By Geo

State/Country Buy Value Sell Value
United States 2 2.1B 2 532M
  Indiana 1 270M 1 480M
  Colorado 1 1.8B - -
  South Carolina - - 1 52M
Total 2 $2.1B 2 $532M

Deal Values

buy # Total
> $1B 1 $1.8B
$100M to $1B 1 $270M
TOTAL $2.1B
Largest Cyprus Amax Minerals Co.
$1.8B (1999-09-30)
sell # Total
$100M to $1B 1 $480M
< $100M 1 $52M
TOTAL $532M
Largest Accuride Corp.
$480M (1997-11-18)

M&A Connections

Deals
Acquired from
Investor(s)
50%
1 (50%)
Divested to
Investor(s)
50%
1 (50%)
Strategic(s)
50%
1 (50%)

Company Summary

SECTOR

Metals/Mining

Employees

15,000

Established

1834

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