M&A Deal Summary

CHL Holdings and Anglo American Acquire De Beers SA

On November 4, 2011, CHL Holdings and Anglo American acquired metals/mining company De Beers SA

Acquisition Highlights
  • This is CHL Holdings’ 1st and Anglo American’s 1st transaction in the Metals/Mining sector.
  • This is CHL Holdings’ 1st and Anglo American’s 1st transaction in Luxembourg.

M&A Deal Summary
Date 2011-11-04
Target De Beers SA
Sector Metals/Mining
Buyer(s) CHL Holdings
Anglo American
Deal Type Add-on Acquisition

Target

De Beers SA

Luxembourg
De Beers, established in 1888, is the world’s leading diamond company with unrivalled expertise in the exploration, mining and marketing of diamonds.

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Buyer(S) 2

Buyer

CHL Holdings

Brierley Hils,
Category Company
Sector Construction
DESCRIPTION

CHL Holdings Ltd is a family owned and family run business which was incorporated over 50 years ago.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Luxembourg) 1 of 1
Year (2011) 1 of 1
Buyer

Anglo American

London, United Kingdom
Category Company
Founded 1917
Sector Metals/Mining
Employees106,000
Revenue 30.7B USD (2023)
DESCRIPTION

Anglo American is a mining company. The portfolio of mining businesses meets our customers' changing needs and spans bulk commodities – iron ore and manganese, metallurgical coal and thermal coal; base metals and minerals – copper, nickel, niobium and phosphates; and precious metals and minerals – in which we are a global leader in both platinum and diamonds. Anglo American was founded in 1917 and is based in London, England.

DEAL STATS #
Overall 1 of 2
Sector (Metals/Mining) 1 of 2
Type (Add-on Acquisition) 1 of 1
Country (Luxembourg) 1 of 2
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-07 Boart Longyear

Salt Lake City, Utah, United States

Boart Longyear is a provider of drilling services, orebody-knowledge technology, and innovative, safe and productivity-driven drilling equipment. The Company’s primary focus is on mining and exploration activities spanning commodities including copper, gold, nickel, zinc, uranium, and other minerals. Boart Longyear was established in 1890 and is based in Salt Lake City, Utah.

Sell $545M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-16 De Beers SA

Luxembourg

De Beers, established in 1888, is the world’s leading diamond company with unrivalled expertise in the exploration, mining and marketing of diamonds.

Buy $5M
Mergr

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