M&A Deal Summary

Norsk Hydro Acquires Technal SA

On January 25, 2002, Norsk Hydro acquired building materials company Technal SA from Monitor Clipper Partners

Acquisition Highlights
  • This is Norsk Hydro’s 1st transaction in the Building Materials sector.
  • This is Norsk Hydro’s 1st transaction in France.

M&A Deal Summary

Date 2002-01-25
Target Technal SA
Sector Building Materials
Buyer(s) Norsk Hydro
Sellers(s) Monitor Clipper Partners
Deal Type Add-on Acquisition

Target

Technal SA

France
Technal, S.A., the leading aluminum building systems company in France, with operations also in England, Spain and Portugal. The company designs, extrudes, finishes and distributes aluminum building systems, including window systems, doors, curtain walls, conservatories, shop fronts and partitions, to over 3,000 customers.

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Buyer(S) 1

Buyer

Norsk Hydro

Oslo, Norway

Category Company
Founded 1905
Sector Metals/Mining
Employees32,614
Revenue 203.6B NOK (2024)
DESCRIPTION

Norsk Hydro is a global aluminium company with production, sales and trading activities throughout the value chain, from bauxite, alumina and energy generation to the production of primary aluminium and rolled products as well as recycling. Rooted in more than a century of experience in renewable energy production, technology development and progressive partnerships, Hydro is committed to strengthening the viability of the customers and communities serve. Norsk Hydro was founded in 1905 and is based in Oslo, Norway.


DEAL STATS #
Overall 1 of 4
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 3
Country: France M&A 1 of 1
Year: 2002 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-30 Aluminerie Alouette

Sept-Iles,, Quebec, Canada

Aluminerie Alouette Inc. engages in aluminum smelting company that produces aluminum products.

Buy -

Seller(S) 1

SELLER

Monitor Clipper Partners


Category Private Equity Firm
Founded 1998
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Monitor Clipper Partners (MCP) is a private equity group formed by consulting firm The Monitor Group and private equity firm The Clipper Group. MCP targets private equity investments in middle-market companies in North America and Western Europe and looks to commit $10 to $70 million of equity per transaction. MCP does not focus on any particular sector but current portfolio companies suggest an interest in business services, natural/organic foods, specialty retail, health care services, gaming, logistics, mortgage technology, marketing services, financial services and metals. The Firm will consider both control and minority positions. Monitor Clipper Partners was formed in 1998 and is based in Cambridge, Massachusetts with additional offices in Zurich, Switzerland, Toronto, Canada, Luxembourg and London, United Kingdom.


DEAL STATS #
Overall 2 of 35
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 15
Country: France M&A 1 of 1
Year: 2002 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-12-01 Datek Online Holdings

Iselin, New Jersey, United States

Established in 1998, privately held Datek Online Holdings Corp. is one of the fastest-growing financial services companies in the United States and through affiliates provides swift access to financial services through innovative technology. The Company’s primary businesses are Datek Online Brokerage Services LLC, a pioneer in the online brokerage industry; iClearing LLC, a securities clearing operation; and Watcher Technologies, a provider of cutting-edge trading systems for the professional trading industry.

Buy $700M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-06-05 Veridian

Arlington, Virginia, United States

Veridian Corp. is a provider of information technology and network security and applied science and engineering services to the U.S. intelligence community and military services, and to the civilian and commercial sectors.

Sell -