M&A Deal Summary

FLSmidth A/S Acquires GLV - Minerals Processing Group

On April 20, 2007, FLSmidth A/S acquired machinery company GLV - Minerals Processing Group from Ovivo for 983M CAD

Acquisition Highlights
  • This is FLSmidth A/S’s 5th transaction in the Machinery sector.
  • This is FLSmidth A/S’s 2nd largest (disclosed) transaction.
  • This is FLSmidth A/S’s 2nd transaction in Canada.
  • This is FLSmidth A/S’s 1st transaction in Quebec.

M&A Deal Summary
Date 2007-04-20
Target GLV - Minerals Processing Group
Sector Machinery
Buyer(s) FLSmidth A/S
Sellers(s) Ovivo
Deal Type Divestiture
Deal Value 983M CAD

Target

GLV - Minerals Processing Group

Montreal, Quebec, Canada
GLV, Inc. - Minerals Processing Group is a provider of separation technology for the metal and minerals industries.

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Buyer(S) 1

Buyer

FLSmidth A/S

Copenhagen, Denmark
Category Company
Founded 1882
Sector Machinery
DESCRIPTION

FLSmidth & Co. A/S is a supplier of equipment and services to the global cement and minerals industries. FLSmidth supplies everything from single machinery to complete cement plants and minerals processing facilities including services before, during and after the construction.

DEAL STATS #
Overall 5 of 22
Sector (Machinery) 5 of 17
Type (Divestiture) 2 of 4
State (Quebec) 1 of 1
Country (Canada) 2 of 4
Year (2007) 2 of 2
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-20 Laperrière & Verreault Process Division

Canada

Laperrière & Verreault Process Division is a provider of separation technology for the metal and minerals industries.

Buy CA$983M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-25 Densit ApS

Aalborg, Denmark

Densit ApS produces cement-based special-purpose materials used in the security industry, for wear protection, for industrial flooring and for reinforcement of offshore drilling rigs and offshore wind turbine foundations. The company also produces wear-resistant components, notably for the cement and power generating industries.

Sell -

Seller(S) 1

SELLER

Ovivo

Montréal, Quebec, Canada
Category Company
Founded 1975
Sector Machinery
Employees800
DESCRIPTION

Ovivo is a global supplier of equipment, technology and systems that can produce some of the purest water and treat some of the toughest wastewater in the industry. Ovivo is world-renowned with leading brands and has more than 150 years of water treatment expertise and credentials, backed by its exclusive products, advanced technologies and extensive integration expertise systems. Ovivo offers conventional or highly technological solutions to treat water for industrial and municipal markets, and relies on its extensive base of equipment installed worldwide to offer parts and services to its customers. Ovivo was founded in 1975 and is based in Montreal, Quebec.

DEAL STATS #
Overall 1 of 2
Sector (Machinery) 1 of 2
Type (Divestiture) 1 of 2
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-04-14 Elcotech Technologies

Boucherville, Quebec, Canada

Elcotech Technologies, Inc. provides electrical equipment for industrial wasterwater sludge.

Buy -
Mergr

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