M&A Deal Summary

Mincon Acquires PPV Finland

On May 19, 2017, Mincon acquired energy services and equipment company PPV Finland

Acquisition Highlights
  • This is Mincon’s 3rd transaction in the Energy Services and Equipment sector.
  • This is Mincon’s 1st transaction in Finland.

M&A Deal Summary

Date 2017-05-19
Target PPV Finland
Sector Energy Services and Equipment
Buyer(s) Mincon
Deal Type Add-on Acquisition

Target

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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Buyer(S) 1

Buyer

Mincon

Shannon, Ireland

Category Company
Founded 1977
Sector Energy Services and Equipment
Employees534
Revenue 157M EUR (2024)
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 4 of 5
Sector: Energy Services and Equipment M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 5
Country: Finland M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-19 Rotacan

North Bay, Ontario, Canada

Rotacan is a provider in the design, manufacture and sale of rotary blast hole drill bits, drill pipe and other ancillary products used primarily in the open pit mining industry. Rotacan is based in North Bay, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-20 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.

Buy -