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M&A Deal Summary

Newcrest Acquires Pretivm

On November 8, 2021, Newcrest acquired metals/mining company Pretivm for 3.5B CAD

Acquisition Highlights
  • This is Newcrest’s 1st transaction in the Metals/Mining sector.
  • This is Newcrest’s 0th largest (disclosed) transaction.
  • This is Newcrest’s 1st transaction in Canada.
  • This is Newcrest’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2021-11-08
Target Pretivm
Sector Metals/Mining
Buyer(s) Newcrest
Deal Type Add-on Acquisition
Deal Value 3.5B CAD
Advisor(s) BMO Capital Markets (Financial)
Blake, Cassels & Graydon
Paul, Weiss, Rifkind, Wharton & Garrison (Legal)

Target

Pretivm

Vancouver, British Columbia, Canada
Pretivm is an intermediate gold producer with the 100%-owned, high-grade gold underground Brucejack Mine located in northwestern BC. Pretivm was founded in 2010 and is headquartered in Vancouver, Canada.

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Buyer(S) 1

Buyer

Newcrest

Melbourne, Australia
Category Company
Founded 1966
Sector Metals/Mining
Revenue 4.2B AUD (2022)
DESCRIPTION

Newcrest is a gold mining company and operates mines in four countries, with a global workforce of around 16,000. Newcrest was founded in 1966 and is based in Melbourne, Australia.

DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-11 Seguela Gold Project

Ivory Coast

Seguela Gold Project hosts the near surface Antenna gold deposit. Séguéla is located approximately 240 kilometres north-west of Yamoussoukro, the political capital of Côte d'Ivoire, and approximately 480 kilometres north-west of Abidjan, the commercial capital of the country.

Sell $20M
Mergr

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