M&A Deal Summary

Lhoist S.A. Acquires NSL - Malaysian & Singapore Lime Assets

On February 13, 2015, Lhoist S.A. acquired building materials company NSL - Malaysian & Singapore Lime Assets from NSL for 46M SGD

Acquisition Highlights
  • This is Lhoist S.A.’s 2nd transaction in the Building Materials sector.
  • This is Lhoist S.A.’s largest (disclosed) transaction.
  • This is Lhoist S.A.’s 1st transaction in Singapore.

M&A Deal Summary

Date 2015-02-13
Target NSL - Malaysian & Singapore Lime Assets
Sector Building Materials
Buyer(s) Lhoist S.A.
Sellers(s) NSL
Deal Type Divestiture
Deal Value 46M SGD

Target

NSL - Malaysian & Singapore Lime Assets

Singapore
NSL - Malaysian & Singapore Lime Assets comprise assets, plant and equipment and includes manufacturing and trading of lime products.

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Buyer(S) 1

Buyer

Lhoist S.A.

Limelette, Belgium

Category Company
Founded 1889
Sector Building Materials
DESCRIPTION

Lhoist S.A. produces and markets lime, dolime, and mineral products. Company develops customized solutions and specialty products, including oxides, hydrates, milk of lime/lime slurry, minerals, and blends products.


DEAL STATS #
Overall 2 of 3
Sector: Building Materials M&A 2 of 3
Type: Divestiture M&A Deals 1 of 2
Country: Singapore M&A 1 of 1
Year: 2015 M&A 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-03 Steetley Dolomite

Worksop, United Kingdom

Steetley Dolomite Ltd. is a UK supplier of soft-burnt dolime used in the production of steel and dead-burnt dolime used in the manufacturing of refractories.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-03 HeidelbergCement - Lime Business

Germany

HeidelbergCement - Lime Business comprised two lime plants in Germany, the Walhalla Kalkwerk in Regensburg, Bavaria and Kalkwerk Istein in Istein, Baden-Württemberg. Both lime plants were modernised in recent years with modern kiln technology.

Buy -

Seller(S) 1

SELLER

NSL

Singapore, Singapore

Category Company
Founded 1961
Sector Building Materials
Employees2,417
Revenue 303M SGD (2024)
DESCRIPTION

NSL is an industrial group that operates businesses in Precast & Prefabricated Bathroom Unit (PBU), Dry Mix and Environmental Services. The Precast & PBU Division manufactures precast concrete components and PBU in the region. The Dry Mix Division is a regional producer of plaster and mortar. Environmental Services business provides one-stop integrated services for oil-and-chemical management. NSL was founded in 1961 and is based in Singapore.


DEAL STATS #
Overall 1 of 3
Sector: Building Materials M&A 1 of 3
Type: Divestiture M&A Deals 1 of 3
Country: Singapore M&A 1 of 2
Year: 2015 M&A 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-04 Emix Industry Pte

Singapore, Singapore

Emix Industry (S) Pte Ltd. engages in production of mortars and dry mixes in South-East Asia. E-Mix provides solutions in tile adhesives, plastering mortars, masonry products and technical mortars in Hong Kong, South-East China, Singapore and Malaysia.

Sell €104M