M&A Deal Summary

Eramet Acquires Gulf Chemical & Metallurgical

On March 26, 2010, Eramet acquired metals/mining company Gulf Chemical & Metallurgical

Acquisition Highlights
  • This is Eramet’s 4th transaction in the Metals/Mining sector.
  • This is Eramet’s 1st transaction in the United States.
  • This is Eramet’s 1st transaction in Texas.

M&A Deal Summary

Date 2010-03-26
Target Gulf Chemical & Metallurgical
Sector Metals/Mining
Buyer(s) Eramet
Deal Type Add-on Acquisition

Target

Gulf Chemical & Metallurgical

Freeport, Texas, United States
Gulf Chemical & Metallurgical Corporation engages in recycling spent petroleum catalysts and producing ferroalloys for the oil refinery industry.

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Buyer(S) 1

Buyer

Eramet

Paris, France

website


Category Company
Founded 1880
Sector Metals/Mining
Employees13,000
Revenue 5.0B EUR (2022)
DESCRIPTION

Eramet is a French mining and metallurgical group operating internationally. Eramet specializes in extracting, producing, and selling non-ferrous metals and in producing and transforming alloys. Eramet was founded in 1880 and is based in Paris, France.


DEAL STATS #
Overall 5 of 6
Sector (Metals/Mining) 4 of 5
Type (Add-on Acquisition) 5 of 6
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-11 AFE Valdi SAS

Feurs,, France

AFE Valdi SAS is specialised in the processing and recycling of non-ferrous metals. VALDI operates in three activities, Battery recycling, Oil and chemical catalyst recycling and Other metal waste processing

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-09 Eurotungstene Powders SAS

Grenoble, France

Eurotungstene Powders SAS is a provider of metal powders and binders for diamond tools, cemented carbides, high-density materials, metal injection moulding. Eurotungstene specialises in processing cobalt, tungsten carbide, tungsten, tungsten-copper and rhenium under powder and granule forms.

Sell -