M&A Deal Summary

Elcora Advanced Materials Acquires Ermazone

On November 24, 2021, Elcora Advanced Materials acquired metals/mining company Ermazone for 5M USD

Acquisition Highlights
  • This is Elcora Advanced Materials’ 1st transaction in the Metals/Mining sector.
  • This is Elcora Advanced Materials’ largest (disclosed) transaction.
  • This is Elcora Advanced Materials’ 1st transaction in the United States.

M&A Deal Summary

Date 2021-11-24
Target Ermazone
Sector Metals/Mining
Buyer(s) Elcora Advanced Materials
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

Ermazone

United States
Ermazone is an moroccan vanadium exploration company. Ermazone is based in United States.

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Buyer(S) 1

Buyer

Elcora Advanced Materials

Bedford, Nova Scotia, Canada

Category Company
Founded 2011
Sector Metals/Mining
DESCRIPTION

Elcora Advanced Materials is a vertically integrated battery material company which process, refine, and produce battery related minerals and metals. Elcora Advanced Materials was founded in 2011 and is based in Bedford, Nova Scotia.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1