M&A Deal Summary

Outokumpu Acquires Aluminium technology unit

On January 1, 2001, Outokumpu acquired metals/mining company Aluminium technology unit from Deutz

Acquisition Highlights
  • This is Outokumpu’s 1st transaction in the Metals/Mining sector.
  • This is Outokumpu’s 1st transaction in Germany.

M&A Deal Summary

Date 2001-01-01
Target Aluminium technology unit
Sector Metals/Mining
Buyer(s) Outokumpu
Sellers(s) Deutz
Deal Type Add-on Acquisition

Target

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Buyer(S) 1

Buyer

Outokumpu

Helsinki, Finland

Category Company
Founded 1910
Sector Metals/Mining
Employees8,300
Revenue 5.9B EUR (2024)
DESCRIPTION

?Outokumpu engages in the production of stainless steel with cold-rolling capacity of 2.4 million tonnes. The Company creates advanced materials that are efficient, long lasting and recyclable – helping to build a world that lasts forever. Stainless steel is an ideal material to create lasting solutions in demanding applications from cutlery to bridges, energy to medical equipment. Outokumpu was founded in 1910 and is based in Helsinki, Finland.


DEAL STATS #
Overall 1 of 2
Sector: Metals/Mining M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Germany M&A 1 of 1
Year: 2001 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-01 Luvata

London, United Kingdom

Luvata is a provider in metal solution manufacturing, heat transfer technology and engineering and design services. Luvata's solutions are used in industries such as renewable energy, power generation, automotive, medicine, air-conditioning and industrial refrigeration. The company has a prominent global presence with manufacturing facilities in 13 countries concentrated in North America, Europe, and Asia. Luvata is based in London, United Kingdom.

Sell -

Seller(S) 1

SELLER

Deutz

Cologne, Germany

Category Company
Founded 1864
Sector Machinery
Employees5,147
Revenue 1.8B EUR (2024)
DESCRIPTION

Deutz is an independent supplier in the premium segment of the engine manufacturing industry. Deutz was founded in 1864 and is based in Cologne, Germany.


DEAL STATS #
Overall 1 of 3
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 3
Year: 2001 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-13 DEUTZ Marine Engine Service Business

Cologne, Germany

DEUTZ Marine Engine Service Business consists of original spare parts sales, repair and maintenance for DEUTZ medium and large marine diesel engines. This portfolio covers medium-speed and high-speed engines with outputs ranging up to 7,250 kW.

Sell €115M