M&A Deal Summary

Orascom Construction Industries SAE Acquires The Weitz Company

On September 5, 2012, Orascom Construction Industries SAE acquired construction company The Weitz Company

Acquisition Highlights
  • This is Orascom Construction Industries SAE’s 1st transaction in the Construction sector.
  • This is Orascom Construction Industries SAE’s 1st transaction in the United States.

M&A Deal Summary

Date 2012-09-05
Target The Weitz Company
Sector Construction
Buyer(s) Orascom Construction Industries SAE
Deal Type Add-on Acquisition

Target

The Weitz Company

Des Moines, United States
The Weitz Company LLC is a general contractor.

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Buyer(S) 1

Buyer

Orascom Construction Industries SAE

Cairo, Egypt

Category Company
Founded 1950
Sector Construction
DESCRIPTION

Orascom Construction Industries (OCI) is an engineering, procurement and construction contractor. It is also a leading incubator and execution vehicle for industrial and infrastructure investments in the region.


DEAL STATS #
Overall 3 of 3
Sector: Construction M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-30 DSM Agro and DSM Melamine B.V.

Sittard,, Netherlands

DSM Agro is a producer of ammonia and high-nitrogen fertilizers for grasslands and agricultural crops and DSM Agro is a producer of ammonia and high-nitrogen fertilizers for grasslands and agricultural crops.

Buy €310M