M&A Deal Summary

Hochschild Mining Acquires Amarillo

On November 29, 2021, Hochschild Mining acquired metals/mining company Amarillo for 165M CAD

Acquisition Highlights
  • This is Hochschild Mining’s 1st transaction in the Metals/Mining sector.
  • This is Hochschild Mining’s 0th largest (disclosed) transaction.
  • This is Hochschild Mining’s 1st transaction in Canada.
  • This is Hochschild Mining’s 1st transaction in Ontario.

M&A Deal Summary
Date 2021-11-29
Target Amarillo
Sector Metals/Mining
Buyer(s) Hochschild Mining
Deal Type Add-on Acquisition
Deal Value 165M CAD
Advisor(s) Osler
Irwin Lowy (Legal)

Target

Amarillo

Toronto, Ontario, Canada
Amarillo is advancing two gold projects located near excellent infrastructure in mining-friendly states in Brazil. The development stage Posse Gold Project is on the Company’s Mara Rosa Property in Goiás State. Mara Rosa shows the potential for discovering additional near-surface deposits that will extend Posse’s mine life beyond its initial 10 years. The exploration stage Lavras do Sul Project in Rio Grande do Sul State has more than 23 prospects centered on historic gold workings. Amarillo is based in Toronto, Canada.

Search 200,500 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Hochschild Mining

London, United Kingdom
Category Company
Founded 1911
Sector Metals/Mining
Employees3,029
Revenue 694M USD (2023)
DESCRIPTION

Hochschild Mining is a precious metals company with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild Mining was founded in 1911 and is based in London, the United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1
Mergr

Product

Company

Legal