M&A Deal Summary

Corsa Acquires Kopper-Glo Fuel

On March 21, 2013, Corsa acquired oil/gas exploration company Kopper-Glo Fuel for 40M USD

Acquisition Highlights
  • This is Corsa’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Corsa’s largest (disclosed) transaction.
  • This is Corsa’s 1st transaction in the United States.
  • This is Corsa’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2013-03-21
Target Kopper-Glo Fuel
Sector Oil/Gas Exploration
Buyer(s) Corsa
Deal Type Add-on Acquisition
Deal Value 40M USD
Advisor(s) Stifel, Nicolaus & Co., Inc. (Financial)
Stikeman Elliott
Vinson & Elkins (Legal)

Target

Kopper-Glo Fuel

Clairfield, Tennessee, United States
Kopper Glo Fuel, Inc. is a coal producer and sales company located in Central Appalachia. For the past 50 years, Kopper Glo Fuel, Inc. has continuously operated mines, a processing facility and a rail load out facility in the town of Clairfield, Tennessee, about 75 miles north of Knoxville, Tennessee.

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Buyer(S) 1

Buyer

Corsa

Friedens, Pennsylvania, United States
Category Company
Sector Oil/Gas Exploration
Employees400
Revenue 197M USD (2023)
DESCRIPTION

Corsa is a provider of premium-quality metallurgical coal, an essential ingredient in the production of steel, which is necessary for the secular trends in global urbanization. Corsa is based in Friedens, Pennsylvania.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal