M&A Deal Summary

Orica Acquires Strata Control Systems

On January 30, 2008, Orica acquired manufacturer Strata Control Systems

Acquisition Highlights
  • This is Orica’s 1st transaction in the Manufacturing sector.
  • This is Orica’s 2nd transaction in Australia.

M&A Deal Summary

Date 2008-01-30
Target Strata Control Systems
Sector Manufacturing
Buyer(s) Orica
Deal Type Add-on Acquisition

Target

Strata Control Systems

Smithfield, Australia
Strata Control Systems specializes in products and services designed to prevent and solve mud and fluid losses in oil and gas drilling, and other applications around the world.

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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 5 of 8
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 7
Country: Australia M&A 2 of 3
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-23 Excel Mining Systems

Bowerston, Ohio, United States

Excel Mining Systems LLC is a provider in the production of roof support for the coal and hard rock mining industries. Excel Mining is a premier supplier of complete roof systems in the United States.

Buy $670M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-28 Ixom

Victoria, Australia

Ixom is a global chemicals business focused on providing water treatment and chemical distribution services in Australia and New Zealand, with a growing presence in North and South America and Asia.

Sell $750M