M&A Deal Summary

Glencore Acquires Xstrata

On May 2, 2013, Glencore acquired metals/mining company Xstrata

Acquisition Highlights
  • This is Glencore’s 5th transaction in the Metals/Mining sector.
  • This is Glencore’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2013-05-02
Target Xstrata
Sector Metals/Mining
Buyer(s) Glencore
Deal Type Merger

Target

Xstrata

London, United Kingdom
Xstrata plc will grow and manage a diversified portfolio of metals and mining businesses with the single aim of delivering industry-leading returns for our shareholders.

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Buyer(S) 1

Buyer

Glencore

Baar, Switzerland

Category Company
Founded 1974
Sector Metals/Mining
Employees84,146
Revenue 230.9B USD (2024)
DESCRIPTION

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 6 of 9
Sector: Metals/Mining M&A 5 of 7
Type: Merger M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-17 Viterra

Regina, Saskatchewan, Canada

Viterra, Inc. is a grain and oil seeds marketer and handler. Viterra handles wheat, durum, barley, canola oils, and pulses.

Buy CA$7.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-05 Joe White Maltings Pty

Adelaide, Australia

Joe White Maltings Pty Ltd. engages in the production and supplier of malt and related products to the food and beverage industry in Australia and overseas.

Sell -