M&A Deal Summary

Dimas Sweden AB Acquires JKS Lamage

On November 1, 2000, Dimas Sweden AB acquired machinery company JKS Lamage from Atlas Copco

Acquisition Highlights
  • This is Dimas Sweden AB’s 1st transaction in the Machinery sector.
  • This is Dimas Sweden AB’s 1st transaction in Canada.
  • This is Dimas Sweden AB’s 1st transaction in Ontario.

M&A Deal Summary
Date 2000-11-01
Target JKS Lamage
Sector Machinery
Buyer(s) Dimas Sweden AB
Sellers(s) Atlas Copco
Deal Type Divestiture

Target

JKS Lamage

North Bay, Ontario, Canada
JKS Lamage is a manufacturer and distributor of diamond tools for the construction and stone business.

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Buyer(S) 1

Buyer

Dimas Sweden AB

Jonkoping, Sweden
Category Company
Founded 1972
Sector Machinery
DESCRIPTION

Dimas Sweden AB is a manufacturer of diamond tools and machines.

DEAL STATS #
Overall 1 of 2
Sector (Machinery) 1 of 2
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2000) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-11-14 Magnum Diamond & Machinery

Kansas City, Missouri, United States

Magnum Diamond & Machinery, Inc. is a manufacturer and distributor of road-saws and diamond tools for the construction market.

Buy -

Seller(S) 1

SELLER

Atlas Copco

Nacka, Sweden
Category Company
Founded 1873
Sector Machinery
Employees53,728
Revenue 172.7B SEK (2023)
DESCRIPTION
Entrance to an Atlas Copco facility in Rock Hill, South Carolina.
Entrance to an Atlas Copco facility in Rock Hill, South Carolina.

Atlas Copco is a diversified industrial group. The Company is a manufacturer of compressors, expanders and air treatment systems, construction and mining equipment, power tools, and assembly systems. Atlas Copco was founded in 1873 and is based in Nacka, Sweden.

DEAL STATS #
Overall 3 of 8
Sector (Machinery) 2 of 2
Type (Divestiture) 3 of 7
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2000) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-09-06 Hobic Bit Industries

British Columbia, Canada

Hobic Bit Industries Corp. is a manufacturer of diamond core drill bits for the mineral exploration industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-05-02 Masons Overseas

London, United Kingdom

Masons Overseas Ltd. is a manufacturer of generators.

Buy -
Mergr

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