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M&A Deal Summary

Mincon Acquires Driconeq Production AB

On March 20, 2018, Mincon acquired manufacturer Driconeq Production AB

Acquisition Highlights
  • This is Mincon’s 1st transaction in the Manufacturing sector.
  • This is Mincon’s 1st transaction in Sweden.

M&A Deal Summary
Date 2018-03-20
Target Driconeq Production AB
Sector Manufacturing
Buyer(s) Mincon
Deal Type Add-on Acquisition

Target

Driconeq Production AB

Sunne, Sweden
Driconeq is a manufacturer of drilling pipes and equipment for the mining and construction sectors, water wells and geothermal energy. Its products are known for their high quality and sold through distributors, drilling rig manufacturers and business partners worldwide.

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Buyer(S) 1

Buyer

Mincon

Shannon, Ireland
Category Company
Founded 1977
Sector Energy Services and Equipment
Employees534
Revenue 157M GBP (2023)
DESCRIPTION

Mincon is an engineering group specialising in the design, manufacture, sale and servicing of rock drilling tools and associated products. Mincon was founded in 1977 and is based in Shannon, Ireland.

DEAL STATS #
Overall 5 of 5
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 5 of 5
Country (Sweden) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-19 PPV Finland

Pirkkala, Finland

PPV Finland is a designer, developer and sells innovative contracting tools for the foundation and well drilling industries. PPV Finland is based in Pirkkala, Finland.

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