1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. France >
  5. Imerys Acquires Kerneos Neuilly

M&A Deal Summary

Imerys Acquires Kerneos Neuilly

On December 12, 2016, Imerys acquired energy services and equipment company Kerneos Neuilly from Astorg Partners and ATP Private Equity Partners

Acquisition Highlights
  • This is Imerys’ 1st transaction in the Energy Services and Equipment sector.
  • This is Imerys’ 2nd transaction in France.

M&A Deal Summary
Date 2016-12-12
Target Kerneos Neuilly
Sector Energy Services and Equipment
Buyer(s) Imerys
Sellers(s) Astorg Partners
ATP Private Equity Partners
Deal Type Add-on Acquisition

Target

Kerneos Neuilly

Cedex, France
Kerneos company offers calcium aluminates for the building chemistry and refractories industries. Based in Paris, France, Kerneos has 1.200 employees and 10 production sites located in France, the UK, China, the US, Brazil, and South Africa. The company strives to develop high value-­‐added products intended for its clients' new solutions and to regularly widen its product range, whilst constantly improving the reliability of its manufacturing processes and products. Kerneos sells its products in more than 100 countries, and has expanded its foothold into emerging markets, which now account for close to one-third of its total revenues.

Search 214,239 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Imerys

Paris, France
Category Company
Founded 1880
Sector Packaging
Employees15,060
Revenue 3.6B EUR (2024)
DESCRIPTION

Imerys manufactures paper and paper packaging products. Imerys was founded in 1880 and is headquartered in Paris, France.

DEAL STATS #
Overall 9 of 11
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 10
Country: France M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-27 S&B Minerals Finance S.C.A.

Luxembourg, Luxembourg

S&B is a global diversified minerals and materials group, providing industrial solutions based on natural resources, to a wide range of markets, such as foundry, construction, metallurgy and various specialty niche sectors.

Buy €525M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-04 Damolin A/S

Fur, Denmark

Damolin A/S is a mineral based solutions producer. Damolin is a manufacturer and supplier of powder and granulate products based on mineral and organic raw materials.

Buy -

Seller(S) 2

SELLER

Astorg Partners

Paris, France

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1998
PE ASSETS 22.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Astorg Partners is a private equity firm that targets small to midcap company investments primarily in France and to a limited extent, Western Europe. Astorg Partners looks for companies valued between €400 million and €2 billion, requiring at least €15 million in equity. Areas of interest include healthcare, retail, distribution, hospitality, and professional services. Prospective transaction situations include leverage build-ups, divestitures, family transitions, and secondary buyouts. Astorg Partners was formed in 1998 and is based in Paris and has additional offices in London and Luxembourg.

DEAL STATS #
Overall 20 of 35
Sector: Energy Services and Equipment M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 8
Country: France M&A 20 of 27
Year: 2016 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-24 AutoForm

Pfäffikon, Switzerland

AutoForm is a supplier of software solutions for die-making and sheet metal forming industries used for rapid and reliable validation of the design, engineering and manufacturing processes. AutoForm was founded in 1995 and is based in Pfäffikon, Switzerland.

Buy $721M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-18 Onduline

Suresnes, France

Onduline is a manufacturing and marketing bitumen based roofing materials mainly roofing sheets and roof deck sheets. Onduline develops, produces and sells light building materials produced from recycled fibers and oil. Onduline was founded in 1944 and is based in Suresnes, France.

Sell -
SELLER

ATP Private Equity Partners

Category Private Equity Firm
Founded 2001
PE ASSETS 10.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

ATP Private Equity Partners is a Danish institutional investment firm focused on investing in private equity funds across Europe, North America, and select emerging markets. The Firm is supported by ATP, Denmark's largest pension fund. In addition to investing in private equity funds, ATP also looks to for co-investment situations. ATP Private Equity Partners was formed in 2001 and is headquartered in Copenhagen, Denmark.

DEAL STATS #
Overall 13 of 35
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 13
Country: France M&A 1 of 1
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-23 Nets

Ballerup, Denmark

Nets is a payments processing utility for the Nordics region. Nets connects banks, businesses, public sector organizations, merchants and consumers through an international network facilitating digital payments. Nets was founded in 1968 and is based in Ballerup, Denmark.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-16 Invitel

Budaörs, Hungary

Invitel is an alternative telecommunication service provider, Invitel offers a wide range of info-communication solutions in the whole territory of the country. Invitel was founded in 1992 and is based in Budaors, Hungary.

Sell -
Mergr

Solution for

Product

Company

Legal