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M&A Deal Summary

Minteq International Acquires Asmas

On October 2, 2006, Minteq International acquired metals/mining company Asmas for 30M USD

Acquisition Highlights
  • This is Minteq International’s 1st transaction in the Metals/Mining sector.
  • This is Minteq International’s largest (disclosed) transaction.
  • This is Minteq International’s 1st transaction in Turkey.

M&A Deal Summary
Date 2006-10-02
Target Asmas
Sector Metals/Mining
Buyer(s) Minteq International
Deal Type Add-on Acquisition
Deal Value 30M USD

Target

Asmas

Istanbul,, Turkey
Asmas manufactures and supplies refractories for steel industries.which are used primarily by the steel industry to protect the interior of steel-making vessels and molten-metal handling equipment from extremely high temperatures.

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Buyer(S) 1

Buyer

Minteq International

Bethlehem, Pennsylvania, United States
Category Company
Founded 1992
Sector Metals/Mining
DESCRIPTION

Minteq is the premier supplier of engineered refractory lining systems, metallurgical wire products, bulk calcium and calcium alloy products, refractory measurement systems, and advanced carbon products.

DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Turkey M&A 1 of 1
Year: 2006 M&A 1 of 1
Size (of disclosed) 1 of 1
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