M&A Deal Summary

CHL Holdings and Anglo Teck Acquire De Beers SA

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

Acquisition Highlights
  • This is CHL Holdings’ 1st and Anglo Teck’s 1st transaction in the Metals/Mining sector.
  • This is CHL Holdings’ 1st and Anglo Teck’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 Teck
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 M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Luxembourg M&A 1 of 1
Year: 2011 M&A 1 of 1
Buyer

Anglo Teck

London, United Kingdom

Category Company
Founded 1917
Sector Metals/Mining
Employees106,000
Revenue 27.3B USD (2024)
DESCRIPTION

Anglo Teck is a mining company with a portfolio of producing operations, including six copper assets, alongside iron ore and zinc businesses. Anglo Teck was founded in 1917 and is based in London, England.


DEAL STATS #
Overall 1 of 3
Sector: Metals/Mining M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Luxembourg M&A 1 of 2
Year: 2011 M&A 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 founded 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