M&A Deal Summary

First Majestic Acquires Primero Mining

On January 12, 2018, First Majestic acquired metals/mining company Primero Mining for 320M USD

Acquisition Highlights
  • This is First Majestic’s 2nd transaction in the Metals/Mining sector.
  • This is First Majestic’s largest (disclosed) transaction.
  • This is First Majestic’s 2nd transaction in Canada.
  • This is First Majestic’s 1st transaction in Ontario.

M&A Deal Summary
Date 2018-01-12
Target Primero Mining
Sector Metals/Mining
Buyer(s) First Majestic
Deal Type Add-on Acquisition
Deal Value 320M USD
Advisor(s) Scotia Capital, Inc. (Scotiabank - Global Banking and Markets)
Rothschild Global Advisory (Financial)
Stikeman Elliott
Milbank (Legal)

Target

Primero Mining

Toronto, Ontario, Canada
Primero is a Canadian-based gold mining company with operating mines in Canada and Mexico, and a strong portfolio of development-stage and exploration projects. After a year of production increases, exploration success and management renewal, company look forward to continuing to deliver disciplined growth and long-term shareholder value.

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Buyer(S) 1

Buyer

First Majestic

Vancouver, British Columbia, Canada
Category Company
Founded 1979
Sector Metals/Mining
Employees4,000
Revenue 576M USD (2023)
DESCRIPTION

First Majestic is a mining company focused on silver production. First Majestic was founded in 1979 and is based in Vancouver, Canada.

DEAL STATS #
Overall 2 of 3
Sector (Metals/Mining) 2 of 3
Type (Add-on Acquisition) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 2 of 3
Year (2018) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-27 SilverCrest Mines

Vancouver, British Columbia, Canada

SilverCrest Mines, Inc. is a metals producer company produces silver and gold.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-21 Silver Dollar Resources

Vancouver , British Columbia, Canada

Silver Dollar Resources, Inc. is engaged in the business of mineral exploration. Silver Dollar Resources is based in Vancouver, British Columbia.

Buy -
Mergr

Product

Company

Legal