M&A Deal Summary

Mitsubishi Acquires Hernic Ferrochrome

On September 10, 2002, Mitsubishi acquired metals/mining company Hernic Ferrochrome

Acquisition Highlights
  • This is Mitsubishi’s 1st transaction in the Metals/Mining sector.
  • This is Mitsubishi’s 1st transaction in South Africa.

M&A Deal Summary

Date 2002-09-10
Target Hernic Ferrochrome
Sector Metals/Mining
Buyer(s) Mitsubishi
Deal Type Add-on Acquisition

Target

Hernic Ferrochrome

Brits, South Africa
Hernic Ferrochrome (Pty) Ltd. is a producer and supplier of ferrochrome and chrome ore to the stainless steel industry in South Africa.

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Buyer(S) 1

Buyer

Mitsubishi

Tokyo, Japan

Category Company
Founded 1950
Sector Diversified
Employees62,062
Revenue 18.62T JPY (2025)
DESCRIPTION

Mitsubishi is a diversified holding company that engages in global environmental & infrastructure, business service, industrial finance, logistics & development, energy business, metals, machinery, chemicals, and living essentials business. Mitsubishi was founded in 1950 and is based in Tokyo, Japan.


DEAL STATS #
Overall 3 of 16
Sector: Metals/Mining M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 8
Country: South Africa M&A 1 of 1
Year: 2002 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-01 Japan Australia LNG Pty.

Perth, Australia

apan Australia LNG (MIMI) Pty. Ltd. develops, produces, transports and sells natural gas, condensate, crude oil, and LPG.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-11-18 Ultra Clean Holdings

Hayward, California, United States

Ultra Clean Holdings is a developer and supplier of critical subsystems for the semiconductor capital equipment, medical device, energy, research, and flat panel industries. Ultra Clean Holdings was founded in 1991 and is based in Hayward, California.

Sell -