M&A Deal Summary

FLSmidth & Co. A/S Acquires Essa Australia

On December 6, 2010, FLSmidth & Co. A/S acquired machinery company Essa Australia for 170M DKK

Acquisition Highlights
  • This is FLSmidth & Co. A/S’s 10th transaction in the Machinery sector.
  • This is FLSmidth & Co. A/S’s 3rd largest (disclosed) transaction.
  • This is FLSmidth & Co. A/S’s 1st transaction in Australia.

M&A Deal Summary

Date 2010-12-06
Target Essa Australia
Sector Machinery
Buyer(s) FLSmidth & Co. A/S
Deal Type Add-on Acquisition
Deal Value 170M DKK

Target

Essa Australia

Belmont, Australia
Essa Australia Ltd. is a specialist in the design, manufacture, support and service of sampling and sample preparation equipment for the international minerals and mining industry.

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Buyer(S) 1

Buyer

FLSmidth & Co. 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 12 of 22
Sector: Machinery M&A 10 of 17
Type: Add-on Acquisition M&A Deals 8 of 17
Country: Australia M&A 1 of 2
Year: 2010 M&A 1 of 1
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-17 Summit Valley Equipment & Engineering

West Bountiful, Utah, United States

Summit Valley Equipment & Engineering, LLC designs and fabricates modular plants and equipment used for the extraction of gold and silver. This includes the industry’s highest capacity electrowinning cell used in precious metals recovery.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-29 Darimec S.r.L.

Milan, Italy

Darimec S.r.L., an Italian company that designs and manufactures girth gears, pinions and custom made reducers mainly for the cement and minerals industries.

Buy -