M&A Deal Summary

Komatsu Mining Acquires Timberock International

On June 17, 2019, Komatsu Mining acquired machinery company Timberock International

Acquisition Highlights
  • This is Komatsu Mining’s 6th transaction in the Machinery sector.
  • This is Komatsu Mining’s 2nd transaction in Canada.
  • This is Komatsu Mining’s 2nd transaction in Ontario.

M&A Deal Summary

Date 2019-06-17
Target Timberock International
Sector Machinery
Buyer(s) Komatsu Mining
Deal Type Add-on Acquisition

Target

Timberock International

Elliot Lake, Ontario, Canada
Timberock International Ltd. is a provider of rock drilling and bolting solutions for mining customers. Timberock International is based in Elliot Lake, Ontario.

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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 7 of 7
Sector (Machinery) 6 of 6
Type (Add-on Acquisition) 2 of 2
State (Ontario) 2 of 2
Country (Canada) 2 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-20 Joy Global - Plate Mill

Milwaukee, Wisconsin, United States

Joy Global, Inc. - Plate Mill is a producer of carbon and alloy plate products with heat-treating capabilities and has an annual capacity of 180,000 tons.

Sell $29M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-31 Continental Global Material Handling

Winfield, Alabama, United States

Continental Global Material Handling is a designer and manufacturer of material handling conveyor systems and components used in a variety of industrial end markets, including metals and mining, industrial processing, and aggregates. CGMH operates out of two manufacturing facilities: a ~240,000 sq. ft. facility in Winfield, Alabama and a ~65,000 sq. ft. facility in Somersby, Australia.

Sell -