M&A Deal Summary

Orica Acquires Aluminates Chemical Industries Pty.

On March 21, 2005, Orica acquired chemicals company Aluminates Chemical Industries Pty. for 14M AUD

Acquisition Highlights
  • This is Orica’s 2nd transaction in the Chemicals sector.
  • This is Orica’s 6th largest (disclosed) transaction.
  • This is Orica’s 1st transaction in Australia.

M&A Deal Summary

Date 2005-03-21
Target Aluminates Chemical Industries Pty.
Sector Chemicals
Buyer(s) Orica
Deal Type Add-on Acquisition
Deal Value 14M AUD

Target

Aluminates Chemical Industries Pty.

Melbourne, Australia
Aluminates Chemical Industries Pty. Ltd. is a manufacturer and distributor of an extensive range of chemicals and services to the water treatment and pulp & paper industries in southern Australia.

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Buyer(S) 1

Buyer

Orica

East Melbourne, Australia

Category Company
Founded 1874
Sector Chemicals
Employees14,000
Revenue 7.7B AUD (2024)
DESCRIPTION

Orica is a provider of commercial explosives and blasting systems to the mining and infrastructure markets, the provider of ground support in mining and tunneling, and a supplier of sodium cyanide for gold extraction. Orica was founded in 1874 and is based in East Melbourne, Australia.


DEAL STATS #
Overall 2 of 8
Sector: Chemicals M&A 2 of 4
Type: Add-on Acquisition M&A Deals 1 of 7
Country: Australia M&A 1 of 3
Year: 2005 M&A 1 of 1
Size (of disclosed) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-01 Dynamit Nobel - Industrial Explosive Business

United States

Dynamit Nobel's Industrial Explosive Business is a explosive manufacturer for the mining industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-01 Minova

Addlestone, United Kingdom

Minova is a global manufacturer and supplier of securing and solidifying agents for mining and infrastructure customers, supplying both steel products (anchors, steel mesh, etc.) as well as chemical products (resins) and making it one of the top 3 in all relevant markets heard. Minova was founded in 1882 and is based in Addlestone, United Kingdom.

Buy £357M