M&A Deal Summary

Komatsu Mining Acquires Continental Global

On February 14, 2008, Komatsu Mining acquired machinery company Continental Global from NES Group for 270M USD

Acquisition Highlights
  • This is Komatsu Mining’s 1st transaction in the Machinery sector.
  • This is Komatsu Mining’s 2nd largest (disclosed) transaction.
  • This is Komatsu Mining’s 1st transaction in the United States.
  • This is Komatsu Mining’s 1st transaction in Illinois.

M&A Deal Summary
Date 2008-02-14
Target Continental Global
Sector Machinery
Buyer(s) Komatsu Mining
Sellers(s) NES Group
Deal Type Divestiture
Deal Value 270M USD

Target

Continental Global

Northlake, Illinois, United States
Continental Global, Inc. designs, manufactures, installs and services highly engineered conveyor systems for customers on six continents and has manufacturing facilities in the United States, United Kingdom, South Africa and Australia.

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Buyer(S) 1

Buyer

Komatsu Mining

Milwaukee, Wisconsin, United States
Category Company
Founded 1884
Sector Machinery
Employees13,400
Revenue 3.2B USD (2015)
DESCRIPTION

Komatsu Mining is a producer of high-productivity mining solutions. The Company manufactures and markets original equipment and aftermarket parts and services for the mining sector. Joy Global's products and related services are used extensively for the mining of coal, copper, iron ore, oil sands, gold, and other mineral resources. Komatsu Mining was formerly known as Joy Global. The Company was established in 1884 and is based in Milwaukee, Wisconsin.

DEAL STATS #
Overall 1 of 7
Sector (Machinery) 1 of 6
Type (Divestiture) 1 of 4
State (Illinois) 1 of 1
Country (United States) 1 of 2
Year (2008) 1 of 2
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-04-06 Elgar Electronics

San Diego, California, United States

Elgar Electronics Corp. is a designer and manufacturer of AC and DC programmable power supplies, Elgar's products are used in designing and testing power-sensitive electronics that must operate in environments where power quality is uncertain.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-22 Wuxi Shengda Machinery

Wuxi, China

Wuxi Shengda, a Chinese manufacturer of longwall shearing machines.

Buy $22M

Seller(S) 1

SELLER

NES Group

Mansfield, Massachusetts, United States
Category Company
Sector Business Services
DESCRIPTION

NES Group, Inc.,a provider in all aspects of bank design and project management for your new or existing facilities. The services we provide range from site selection, space planning, branding, retail merchandising and construction through bank products and furnishings.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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