M&A Deal Summary

Opta Acquires Babco Industrial

On February 13, 2012, Opta acquired building materials company Babco Industrial for 18M USD

Acquisition Highlights
  • This is Opta’s 1st transaction in the Building Materials sector.
  • This is Opta’s largest (disclosed) transaction.
  • This is Opta’s 1st transaction in Canada.
  • This is Opta’s 1st transaction in Saskatchewan.

M&A Deal Summary

Date 2012-02-13
Target Babco Industrial
Sector Building Materials
Buyer(s) Opta
Deal Type Add-on Acquisition
Deal Value 18M USD

Target

Babco Industrial

Regina, Saskatchewan, Canada
Babco Industrial Corp. is a profitable industrial processor and supplier of petroleum coke ("pet coke"), synthetic slag, ladle sand and crushed graphite. The Babco facility has capacity for further growth and expansion and is strategically located in proximity to its key vendors and customers.

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Buyer(S) 1

Buyer

Opta

Amherst, New York, United States

website


Category Company
Sector Metals/Mining
DESCRIPTION

Opta is a provider of custom process solutions and industrial mineral products used primarily in the steel, foundry, loose abrasive cleaning, water-jet cutting, and municipal water filtration industries. Opta is based in Amherst, New York.


DEAL STATS #
Overall 5 of 11
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 5 of 11
State (Saskatchewan) 1 of 1
Country (Canada) 1 of 2
Year (2012) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-04 Newco A.S.

Kosice, Slovakia

Newco is a supplier of proprietary desulphurization and refractory products. All products are produced to the specific requirements of the customers that Newco services within the European steel industry. The Company operates from a production facility in Kosice, Slovakia, employs approximately 22 people and maintains a very high level of customer service.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-30 WGI Heavy Minerals

Coeur d'Alene, Idaho, United States

WGI Heavy Minerals, Inc. sources, processes and markets industrial abrasive minerals, primarily garnet. WGI also sources, assembles and sells ultra-high pressure waterjet cutting machine replacement parts and components.

Buy -