Add-on Acquisition • Metals/Mining

Norican Group Acquires Light Metal Casting Solutions Group

On February 21, 2017, Norican Group acquired metals/mining company Light Metal Casting Solutions Group

Acquisition Context
  • This is Norican Group’s 1st transaction in the Metals/Mining sector.
  • This is Norican Group’s 1st transaction in Germany.

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M&A Deal Summary

Date February 21, 2017
Target Light Metal Casting Solutions Group
Sector Metals/Mining
Buyer(s) Norican Group
Deal Type Add-on Acquisition

Target Company

Light Metal Casting Solutions Group

Gummersbach, Germany
Light Metal Casting Solutions Group is a capital equipment manufacturers and service providers for the light metal casting industry, processing Aluminum, Magnesium and Zinc alloys.
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Buyer Overview 1

Buyer

Norican Group

Taastrup, Denmark

Category Company
Founded 2008
Sector Machinery
Revenue 504M EUR (2019)
DESCRIPTION

Norican Group designs, manufactures, distributes, installs and maintains a wide range of moulding and surface preparation solutions, including standard and custom tailored stationary moulding, wheel-blast and air-blast systems, and related replacement parts and aftermarket services. Norican Group was founded in 2008 and is based in Taastrup, Denmark.


Deal Context for Buyer #
Overall 1 of 2
Sector: Metals/Mining 1 of 1
Type: Add-on Acquisition 1 of 2
Country: Germany 1 of 1
Year: 2017 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-06 Simpson Technologies

Aurora, Illinois, United States

Simpson Technologies is a family business specializing in the design and production of advanced process technologies and services for the global metal casting and chemical process industries. Its primary products include batch and continuous high-intensity mixing equipment, molding sand coolers, on-line mixer control & automation systems, core sand preparation systems, foundry sand reclamation systems, and sand laboratory instrumentation. Simpson Technologies was formed in 1912 and is based in Aurora, Illinois.

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