M&A Deal Summary

Fletcher Building Acquires Amatek Design

On March 1, 2005, Fletcher Building acquired building materials company Amatek Design from CVC Capital Partners for 530M AUD

Acquisition Highlights
  • This is Fletcher Building’s 2nd transaction in the Building Materials sector.
  • This is Fletcher Building’s 0th largest (disclosed) transaction.
  • This is Fletcher Building’s 1st transaction in Australia.

M&A Deal Summary

Date 2005-03-01
Target Amatek Design
Sector Building Materials
Buyer(s) Fletcher Building
Sellers(s) CVC Capital Partners
Deal Type Add-on Acquisition
Deal Value 530M AUD

Target

Amatek Design

Chatswood, Australia
Amatek Design is an embedded systems/micro-electronics design and technology product development consultancy comprising four Australian building products businesses: Rocla Pipeline Products (a national supplier of steel reinforced concrete pipes and precast products), Rocla Quarry Products (a regional operator of sand quarries), Stramit (a leading supplier of roll formed steel roofing and structural products) and Insulation Solutions (a manufacturer of glasswool and foil insulation).

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Buyer(S) 1

Buyer

Fletcher Building

Auckland, New Zealand

Category Company
Founded 1909
Sector Building Materials
Employees14,900
Revenue 8.5B NZD (2023)
DESCRIPTION

Fletcher Building is a provider of building products, construction materials, and services worldwide. Fletcher Building was founded in 1909 and is based in Auckland, New Zealand.


DEAL STATS #
Overall 2 of 4
Sector (Building Materials) 2 of 3
Type (Add-on Acquisition) 2 of 4
Country (Australia) 1 of 2
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-08-19 Tasman Building Products

Penrose, Auckland, New Zealand

Tasman manufactures, markets and distributes various building products supplying the resident, commercial and industrial building industries.

Buy AU$230M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-02 Formica

Cincinnati, Ohio, United States

Formica Corp. is a producer of high-pressure decorative laminates. Formica was founded in 1913 and is based in Cincinnati, Ohio.

Buy -

Seller(S) 1

SELLER

CVC Capital Partners

Luxembourg, Luxembourg

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 177.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

CVC Capital Partners is a global private equity firm focused on investments in large companies located in Europe, North America, and Asia. CVC looks for opportunities with stable cash flows and talented management, and will consider businesses in a variety of industries. Target sectors include textiles, industrial products, waste management, building materials, energy/utilities, business services, financial services, distribution, healthcare, media, semiconductors, and gaming. CVC can handle transactions valued from €200 million to €10 billion. CVC Capital Partners was formed in 1981 and is based in Luxembourg.


DEAL STATS #
Overall 40 of 173
Sector (Building Materials) 2 of 6
Type (Add-on Acquisition) 13 of 63
Country (Australia) 4 of 8
Year (2005) 6 of 17
Size (of disclosed) 39 of 54
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-01 ANI Printing Inks BV

Deventer, Netherlands

ANI Printing Inks BV is a provider of ink and its consists of five business units: Liquid inks, Narrow Web, Web offset, Sheetfed, and Metal deco.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-08 Leaf Holland BV

Oosterhout, Netherlands

Leaf is a pan-European manufacturer, marketer and distributor of sugar confectionery products such as basic candy, pastilles, chocolate and chewing gum. Leaf is a market leader in the chewing gum, pastilles and candy markets in Netherlands, Finland and Sweden and one of the top players in Italy, France, Belgium, Germany, Denmark, Norway, UK and Poland.

Buy -