M&A Deal Summary |
|
|---|---|
| Date | 2011-12-07 |
| Target | Umcebo Mining Pty. |
| Sector | Metals/Mining |
| Buyer(s) | Glencore |
| Sellers(s) |
AMCI Capital
First Reserve |
| Deal Type | Add-on Acquisition |
| Deal Value | 900M RUB |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1974 |
| Sector | Metals/Mining |
| Employees | 84,146 |
| Revenue | 230.9B USD (2024) |
Glencore is a provider of physical commodities, including energy (oil and coal), base metals, soft commodities, and agriculture to industrial consumers. These commodities originate from Glencore's directly or indirectly owned production assets or are secured by Glencore from third parties. Glencore also provides financing, logistics, and other supply chain services to producers and consumers of commodities. Glencore was founded in 1974 and is based in Baar, Switzerland.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 9 |
| Sector: Metals/Mining M&A | 1 of 7 |
| Type: Add-on Acquisition M&A Deals | 1 of 6 |
| Country: South Africa M&A | 1 of 2 |
| Year: 2011 M&A | 1 of 1 |
| Size (of disclosed) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-03-20 |
Viterra - Agri-Products Business
Regina, Saskatchewan, Canada Viterra operates a network of 258 agri-products retail locations throughout Western Canada and 17 retail locations in Australia. Retail locations offer fertilizer, crop protection products, seed and equipment to growers. Viterra also has a minority interest in a nitrogen fertilizer manufacturing plant in Medicine Hat, Alberta. |
Sell | $1.2B |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Focused |
AMCI Capital is a specialist investment firm focused on the global natural resources and energy sectors. The Firm was originally formed as a joint venture between energy investor First Reserve and American Metals & Coal International (AMCI). AMCI will consider both majority and minority investments and looks to be an active participant in each portfolio investment. AMCI Capital was formed in 2006 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Metals/Mining M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| Country: South Africa M&A | 1 of 1 |
| Year: 2011 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-07-01 |
Umcebo Mining Pty.
Johannesburg, South Africa Umcebo is a mining company with coal mining interests in Witbank, in the province of Mpumalanga, South Africa and with major deposits in the Wonderfontein and Delmas areas of South Africa. Umcebo and its subsidiaries currently own and/or operate eight collieries in the Witbank coalfield, producing various products for Eskom, the domestic market and export markets. An additional colliery will be brought on stream in the near future. Umcebo has the necessary expertise to plan, develop, staff and manage coal mining operations. Umcebo qualifies as a black-empowered company as defined by the Minerals and Petroleum Resources Development Act and the Mining Charter of South Africa. |
Buy | $69M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1983 |
| PE ASSETS | 32.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
First Reserve is a specialist private equity firm focused on investments in energy companies. First Reserve targets equity investments of $50 to $500 million in companies valued from $100 million to $10 billion. Target areas of interest within the energy industry include energy manufacturing and services (drilling service providers and wellhead equipment manufacturers), energy infrastructure, energy reserves, renewable energy and alternative fuels, and energy related insurance and financial products. First Reserve was established in 1983 and is based in Stamford, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 31 of 59 |
| Sector: Metals/Mining M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 13 of 20 |
| Country: South Africa M&A | 1 of 1 |
| Year: 2011 M&A | 3 of 3 |
| Size (of disclosed) | 16 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-12-05 |
Renovalia Reserve
Madrid, Spain Renovalia Reserve is a joint venture formed with Renovalia Energy to own and operate a portfolio of onshore wind farms. The portfolio currently consists of six projects in Spain and one in Hungary, with approximately 260MW of capacity, 245MW of which is in Spain. Revenue is derived principally from long-term tariffs paid for by the energy consumers as a portion of their utility bills. Renovalia Reserve is headquartered in Madrid, Spain. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-01-02 |
Blue Racer Midstream
Tulsa, Oklahoma, United States Blue Racer Midstream own, operate, develop and acquire midstream assets in the Utica Shale and certain adjacent areas in the Marcellus Shale. Blue Racer provides natural gas gathering, compression, dehydrating, treating, processing, fractionation, and transportation services, forming an interconnected midstream business. Blue Racer Midstream was founded in 1975 and is based in Tulsa, Oklahoma. |
Buy | - |