Investment Summary

Glencore Invests In Kazzinc

On October 11, 2012, Glencore invested in metals/mining company Kazzinc for 400M USD

Investment Highlights
  • This is Glencore’s 4th transaction in the Metals/Mining sector.
  • This is Glencore’s 3rd largest (disclosed) transaction.
  • This is Glencore’s 1st transaction in Kazakhstan.

Investment Summary

Date 2012-10-11
Target Kazzinc
Sector Metals/Mining
Investor(s) Glencore
Deal Type Stake Purchase
Deal Value 400M USD

Target

Kazzinc

Kazakhstan
Kazzinc is a fully integrated zinc producer with significant copper, precious metals and lead resources in Kazakhstan. Kazzinc owns three major polymetallic facilities, Zyrianovsk, Ridder and Ust-Kamenogorsk, as well as a gold mining operation, Vasilkovskoye in Kokshetau, which is the largest gold mining and processing operation in Kazakhstan.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

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 4 of 9
Sector: Metals/Mining M&A 4 of 7
Type: Stake Purchase M&A Deals 1 of 2
Country: Kazakhstan M&A 1 of 1
Year: 2012 M&A 3 of 4
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-11 Rosh Pinah Zinc

Rosh Pinah, Namibia

Rosh Pinah operates an underground zinc/lead mine in south-western Namibia, 800 kilometres south of Windhoek. The mine produced 89,000 tonnes of zinc concentrate and 16,000 tons of lead concentrate in 2011. Intensive on-mine exploration is underway to add to the total mineral resource base of 8 million tonnes.

Buy -
FOLLOWING 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