M&A Deal Summary

Global Tungsten & Powders Acquires Tikomet Oy

On June 15, 2015, Global Tungsten & Powders acquired metals/mining company Tikomet Oy from Sponsor Capital

Acquisition Highlights
  • This is Global Tungsten & Powders’ 1st transaction in the Metals/Mining sector.
  • This is Global Tungsten & Powders’ 1st transaction in Finland.

M&A Deal Summary

Date 2015-06-15
Target Tikomet Oy
Sector Metals/Mining
Buyer(s) Global Tungsten & Powders
Sellers(s) Sponsor Capital
Deal Type Add-on Acquisition

Target

Tikomet Oy

Jyväskylä, Finland
Tikomet Oy is a technology company specializing in manufacturing of hardmetal powder using recycled hardmetal scrap in zinc process.

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Buyer(S) 1

Buyer

Global Tungsten & Powders

Towanda, Pennsylvania, United States

Category Company
Founded 1916
Sector Chemicals
DESCRIPTION

Global Tungsten & Powders Corp. is a supplier of powders, semi-finished products and components made from tungsten, molybdenum and phosphor.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2015 M&A 1 of 1

Seller(S) 1

SELLER

Sponsor Capital

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 428M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Sponsor Capital is a private equity group focused on acquiring and investing in Finnish companies looking to expand abroad. The Firm targets profitable, stable businesses with €15 to €150 million in revenue. Prospective transaction situations include buyouts, growth capital financings, restructurings, family successions, divestitures, and privatizations. Sponsor Capital was established in 1997 and is headquartered in Helsinki.


DEAL STATS #
Overall 13 of 26
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 12
Country: Finland M&A 11 of 24
Year: 2015 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-18 Lindorff

Oslo, Norway

Lindorff is a full-service European credit management service provider. The company offers information services, payment services, invoicing services, debt collection, and debt purchase. Lindorff was founded in 1898 and is based in Oslo, Norway.

Sell €2.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-01 Haltija Group

Vantaa, Finland

Haltija Group is a provider of solutions related to assistive devices, medical supplies as well as orthoses and supports to professionals in the public and private healthcare sectors as well as consumers interested in health and well-being. Haltija Group was established in 1987 and is based in Vantaa, Finland.

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