M&A Deal Summary

BIS Industries Acquires Powertrans Pty

On November 24, 2013, BIS Industries acquired machinery company Powertrans Pty for 30M USD

Acquisition Highlights
  • This is BIS Industries’ 1st transaction in the Machinery sector.
  • This is BIS Industries’ largest (disclosed) transaction.
  • This is BIS Industries’ 1st transaction in Australia.

M&A Deal Summary
Date 2013-11-24
Target Powertrans Pty
Sector Machinery
Buyer(s) BIS Industries
Deal Type Add-on Acquisition
Deal Value 30M USD

Target

Powertrans Pty

Sherwood, Australia
Powertrans Pty Ltd. develops and manufactures a range of powered trailers.

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Buyer(S) 1

Buyer

BIS Industries

Sydney, Australia
Category Company
Sector Transportation
Employees1,250
DESCRIPTION

BIS Industries is a provider of specialized logistics and materials handling solutions for the world’s biggest mining and resource companies. BIS Industries is based in Sydney, Australia.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Australia) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

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