M&A Deal Summary

Opta Acquires WGI Heavy Minerals

On August 30, 2012, Opta acquired metals/mining company WGI Heavy Minerals

Acquisition Highlights
  • This is Opta’s 2nd transaction in the Metals/Mining sector.
  • This is Opta’s 4th transaction in the United States.
  • This is Opta’s 1st transaction in Idaho.

M&A Deal Summary
Date 2012-08-30
Target WGI Heavy Minerals
Sector Metals/Mining
Buyer(s) Opta
Deal Type Add-on Acquisition

Target

WGI Heavy Minerals

Coeur d'Alene, Idaho, United States
WGI Heavy Minerals, Inc. sources, processes and markets industrial abrasive minerals, primarily garnet. WGI also sources, assembles and sells ultra-high pressure waterjet cutting machine replacement parts and components.

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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 6 of 11
Sector (Metals/Mining) 2 of 5
Type (Add-on Acquisition) 6 of 11
State (Idaho) 1 of 1
Country (United States) 4 of 8
Year (2012) 2 of 2
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-12 Metcan Industrial

Stoney Creek, Ontario, Canada

Metcan Industrial engaged in the distribution of high-quality, custom-blended synthetic slag for use by the steel industry. Metcan Industrial provides synthetic slag to steel manufactures. The company operates facilities in Stoney Creek, Ontario, Selkirk, Manitoba, and Adrian, Michigan. Metcan Industrial was founded in 1990 and is based in Stoney Creek, Ontario.

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