M&A Deal Summary

CMA Acquires Scrap Metal Recyclers

On January 3, 2006, CMA acquired environmental company Scrap Metal Recyclers for 11M USD

Acquisition Highlights
  • This is CMA’s 3rd transaction in the Environmental sector.
  • This is CMA’s 2nd largest (disclosed) transaction.
  • This is CMA’s 1st transaction in New Zealand.

M&A Deal Summary

Date 2006-01-03
Target Scrap Metal Recyclers
Sector Environmental
Buyer(s) CMA
Deal Type Add-on Acquisition
Deal Value 11M USD

Target

Scrap Metal Recyclers

Auckland, New Zealand
Scrap Metal Recyclers is a privately owned scrap metal company in New Zealand.

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Buyer(S) 1

Buyer

CMA

Sydney, Australia

Category Company
Founded 1973
Sector Environmental
DESCRIPTION

CMA Corporation Ltd is a integrated Australian based metal recycling group with operations in the sourcing, supply, processing, smelting and exporting of scrap metal. The Company also has contracting operations in resource sector plant de-commissioning, industrial demolition, site clearance, remediation and marine works.


DEAL STATS #
Overall 3 of 8
Sector: Environmental M&A 3 of 7
Type: Add-on Acquisition M&A Deals 3 of 7
Country: New Zealand M&A 1 of 2
Year: 2006 M&A 1 of 4
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-07 Riverside Metal Industries Pty

Revesby, Australia

Riverside Metal Industries Pty Ltd. is a scrap metal yard and manufactures copper aluminium and lead-based ingots for the foundry industry in Australia and overseas.

Buy $6M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-06 National Australian Scrap

Sydney, Australia

National Australian Scrap currently operates from a base at Mascot in Sydney, has an established scrap metal procurement network and holds a number of long-standing supply contracts with substantial private and public sector organisations.

Buy -