M&A Deal Summary

Opta Acquires Performix Metallurgical Additives

On May 2, 2024, Opta acquired metals/mining company Performix Metallurgical Additives

Acquisition Highlights
  • This is Opta’s 5th transaction in the Metals/Mining sector.
  • This is Opta’s 8th transaction in the United States.
  • This is Opta’s 3rd transaction in Ohio.

M&A Deal Summary
Date 2024-05-02
Target Performix Metallurgical Additives
Sector Metals/Mining
Buyer(s) Opta
Deal Type Add-on Acquisition

Target

Performix Metallurgical Additives

Warren, Ohio, United States
Performix Metallurgical Additives provides metallurgical additives to the steel and foundry industries, including briquettes, slag conditioners, insulators, and tundish fluxes. Performix Metallurgical Additives is based in Warren, Ohio.

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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 11 of 11
Sector (Metals/Mining) 5 of 5
Type (Add-on Acquisition) 11 of 11
State (Ohio) 3 of 3
Country (United States) 8 of 8
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-21 Anker Industries

Wilkins Township, Pennsylvania, United States

Anker Industries supplies the steel and foundry industries with metallurgical additives such as deoxidizer briquettes, slag conditioners, insulators, tundish fluxes, and high-quality petroleum coke (petcoke). By removing oxygen, inclusions, and other impurities, Anker's customized solutions allow customers to produce clean, high-quality steel. Anker Industries was founded in 1975 and is based in Wilkins Township, Pennsylvania.

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