M&A Deal Summary

Dennert Poraver Acquires Poraver North America

On February 14, 2011, Dennert Poraver acquired building materials company Poraver North America from Richardson Capital

Acquisition Highlights
  • This is Dennert Poraver’s 1st transaction in the Building Materials sector.
  • This is Dennert Poraver’s 1st transaction in Canada.
  • This is Dennert Poraver’s 1st transaction in Ontario.

M&A Deal Summary

Date 2011-02-14
Target Poraver North America
Sector Building Materials
Buyer(s) Dennert Poraver
Sellers(s) Richardson Capital
Deal Type Add-on Acquisition

Target

Poraver North America

Innisfil, Ontario, Canada
Poraver North America Ltd. is a producer of Poraver®, a patented porous glass sphere, used as a lightweight aggregate primarily in building products, as well as a variety of other products through various industries. PNA has exclusive North American rights to manufacture Poraver® and supply North American building products companies.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Dennert Poraver

Schlusselfeld, Germany

Category Company
Sector Building Materials
DESCRIPTION

Dennert Poraver GmbH is a provider in the production and distribution of expanded glass. Our manufacturing method was developed for commercial production of expanded glass granulate from post-consumer recycled glass.


DEAL STATS #
Overall 1 of 1
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2011) 1 of 1

Seller(S) 1

SELLER

Richardson Capital

Winnipeg, Manitoba, Canada

Category Private Equity Firm
PE ASSETS 900M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Richardson Capital is the private equity division of the Richardson Financial Group. Richardson primarily seeks investment situations requiring expansion capital to fund growth initiatives, or transition capital needs where family-owners or entrepreneurs are looking to exit. The Firm's target investment size is C$10 to C$75 million. Richardson will consider opportunities in the US, but has a preference for Canadian companies. Richardson does not have any industry preferences. Richardson does not invest in real estate or start-ups. Richardson is based in Winnipeg with additional offices in Montreal and Toronto.


DEAL STATS #
Overall 6 of 8
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Ontario) 2 of 2
Country (Canada) 6 of 8
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-23 Strad Energy Services

Calgary, Alberta, Canada

Strad Energy Services Ltd. is a provider of oilfield equipment and services to customers across the province of Alberta. Through subsidiaries, it manufactures natural gas compression packages, patented environmental mats, pressure vessels, structural steel products and steel buildings. It also provides after-sales service and maintenance from sixteen field offices and it offers equipment on rental terms to customers in the drilling and resource production industries.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-18 Ocean Nutrition Canada

Dartmouth, Nova Scotia, Canada

Ocean Nutrition Canada is a Canada-based supplier of fish-oil derived Omega-3 fatty acids (EPA and DHA) to the dietary supplement and food and beverage markets.

Sell CA$540M