M&A Deal Summary

Borusan Mannesmann Acquires Berg Pipe

On April 14, 2023, Borusan Mannesmann acquired manufacturer Berg Pipe for 162M USD

Acquisition Highlights
  • This is Borusan Mannesmann’s 1st transaction in the Manufacturing sector.
  • This is Borusan Mannesmann’s largest (disclosed) transaction.
  • This is Borusan Mannesmann’s 1st transaction in the United States.
  • This is Borusan Mannesmann’s 1st transaction in Florida.

M&A Deal Summary
Date 2023-04-14
Target Berg Pipe
Sector Manufacturing
Buyer(s) Borusan Mannesmann
Deal Type Add-on Acquisition
Deal Value 162M USD

Target

Berg Pipe

Panama City, Florida, United States
Berg Pipe is a manufacturer of large-diameter line pipes that owns two facilities, one in Florida, where longitudinal seam-welded pipes are manufactured, and one in Alabama, where spiral seam-welded large-diameter pipes are manufactured. Berg Pipe is based in Panama City, Florida.

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Buyer(S) 1

Buyer

Borusan Mannesmann

Salıpazarı, Israel
Category Company
Founded 1958
Sector Business Services
DESCRIPTION

Borusan Mannesmann offers more than 4,000 product varieties from its 6 facilities across 3 continents, with a production capacity of 1.1 million tons. The company brings its experience, expertise, and passion worldwide with its state-of-the-art pipes addressing all areas ranging from automotive to construction, and energy to machinery production. Borusan Mannesmann continued its investments with a global perspective in accordance with market dynamics and made its first overseas investment in 2001 when it bought the facility in Vobarno and founded Borusan Mannesmann Vobarno Tubi S.p.A. Borusan Mannesmann was formed in 1958 and is based in Sal?pazar?, Israel.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

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