Add-on Acquisition • Metals/Mining

Minteq International Acquires Asmas

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

Acquisition Context
  • 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.

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M&A Deal Summary

Date October 2, 2006
Target Asmas
Sector Metals/Mining
Buyer(s) Minteq International
Deal Type Add-on Acquisition
Deal Value 30M USD

Target Company

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 Overview 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 Context for Buyer #
Overall 1 of 1
Sector: Metals/Mining 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Turkey 1 of 1
Year: 2006 1 of 1
Size (of disclosed) 1 of 1