M&A Deal Summary

Boliden Acquires Altona Mining - Kylylahti Copper Mine

On July 8, 2014, Boliden acquired metals/mining company Altona Mining - Kylylahti Copper Mine from Altona Mining for 95M USD

Acquisition Highlights
  • This is Boliden’s 1st transaction in the Metals/Mining sector.
  • This is Boliden’s largest (disclosed) transaction.
  • This is Boliden’s 1st transaction in Finland.

M&A Deal Summary

Date 2014-07-08
Target Altona Mining - Kylylahti Copper Mine
Sector Metals/Mining
Buyer(s) Boliden
Sellers(s) Altona Mining
Deal Type Divestiture
Deal Value 95M USD

Target

Altona Mining - Kylylahti Copper Mine

Helsinki, Finland
Boliden AB - Kylylahti Copper Mine includes the exploration rights and copper/nickel deposits in the Outokumpu field in eastern Finland.

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Buyer(S) 1

Buyer

Boliden

Stockholm, Sweden

Category Company
Founded 1924
Sector Metals/Mining
Employees5,364
Revenue 78.6B SEK (2023)
DESCRIPTION

Boliden is a metals company with a focus on sustainable development. The company's core competence is within the fields of exploration, mining, smelting, and metals recycling. Boliden was founded in 1924 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
Country (Finland) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Altona Mining

West Perth, Australia

Category Company
Sector Metals/Mining
Revenue 64M AUD (2013)
DESCRIPTION

Altona Mining Ltd. is a copper company with a major copper development project in Queensland, Australia.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
Country (Finland) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1