M&A Deal Summary

Opta Acquires Newco A.S.

On September 4, 2007, Opta acquired chemicals company Newco A.S.

Acquisition Highlights
  • This is Opta’s 1st transaction in the Chemicals sector.
  • This is Opta’s 1st transaction in Slovakia.

M&A Deal Summary

Date 2007-09-04
Target Newco A.S.
Sector Chemicals
Buyer(s) Opta
Deal Type Add-on Acquisition

Target

Newco A.S.

Kosice, Slovakia
Newco is a supplier of proprietary desulphurization and refractory products. All products are produced to the specific requirements of the customers that Newco services within the European steel industry. The Company operates from a production facility in Kosice, Slovakia, employs approximately 22 people and maintains a very high level of customer service.

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Buyer(S) 1

Buyer

Opta

Amherst, New York, United States

Category Company
Sector Metals/Mining
DESCRIPTION

Opta is a provider of custom process solutions and industrial mineral products used primarily in the steel, foundry, loose abrasive cleaning, water-jet cutting, and municipal water filtration industries. Opta is based in Amherst, New York.


DEAL STATS #
Overall 4 of 11
Sector: Chemicals M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 11
Country: Slovakia M&A 1 of 1
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-04 Bimac

Milan, Michigan, United States

Bimac Corp. is a manufacturer of heat insulators and conditioners. Bimac operates its main production facility in Milan, Michigan. This profitable company employs approximately 30 people, and is a leader in new product development within its industry. Bimac maintains a very high level of customer specific technical service with a broad customer base that includes customers with both integrated and mini mill steel operations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-13 Babco Industrial

Regina, Saskatchewan, Canada

Babco Industrial Corp. is a profitable industrial processor and supplier of petroleum coke ("pet coke"), synthetic slag, ladle sand and crushed graphite. The Babco facility has capacity for further growth and expansion and is strategically located in proximity to its key vendors and customers.

Buy $18M