M&A Deal Summary

Panatlântica S.A. Acquires Atkore - Brazil Business

On September 26, 2013, Panatlântica S.A. acquired manufacturer Atkore - Brazil Business from Atkore International

Acquisition Highlights
  • This is Panatlântica S.A.’s 1st transaction in the Manufacturing sector.
  • This is Panatlântica S.A.’s 1st transaction in Brazil.

M&A Deal Summary

Date 2013-09-26
Target Atkore - Brazil Business
Sector Manufacturing
Buyer(s) Panatlântica S.A.
Sellers(s) Atkore International
Deal Type Divestiture

Target

Atkore - Brazil Business

Brazil
Atkore - Brazil Business is a manufacturer of non-galvanized mechanical tube, as well as slitting of structural sheets.

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Buyer(S) 1

Buyer

Panatlântica S.A.

Gravataí, Brazil

Category Company
Founded 1952
Sector Metals/Mining
DESCRIPTION

PANATLÂNTICA S.A. is a modern Steel Service Center exclusively dedicated to flat steel processing. Established in 1952, the plant is located in an area of 20 ha, in the city of Gravataí, metropolitan region of Porto Alegre, State of Rio Grande do Sul, south region of Brazil, with 20,000 sqm built area. Company are prepared to offer customers fast service, processing know-how, a broad and diverse inventory that is assured by a knowledgeable caring, quality oriented supplies team that stands ready to respond to all requirements.


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
Country (Brazil) 1 of 1
Year (2013) 1 of 1

Seller(S) 1

SELLER

Atkore International

Harvey, Illinois, United States

Category Company
Founded 1959
Sector Building Materials
Revenue 1.4B USD (2010)
DESCRIPTION

Atkore International, Inc. is a manufacture of galvanized steel tubing, sprinkler pipe, steel and flexible non-metallic conduit, pre-wired armored and metal clad electrical cables, cable tray, strut and metal framing systems.


DEAL STATS #
Overall 1 of 4
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 4
Country (Brazil) 1 of 1
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-15 FlexHead Industries

Holliston, Massachusetts, United States

FlexHead Industries, Inc. is a U.S. designer, manufacturer and provider of flexible fire sprinkler connections. FlexHead Industries manufactures and distributes fire sprinkler connections that are Factory Mutual Approved as well as UL listed. The company manufactures the only seismically qualified flexible sprinkler connection successfully tested. Committed to the environment and green building principles, FlexHead Industries supports LEED (Leadership in Energy and Environmental Design) principles and USGBC (U.S. Green Building Council) objectives.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-07 Ridgeline Pipe Manufacturing

Eugene, Oregon, United States

Ridgeline Pipe Manufacturing is a U.S. manufacturer of electrical PVC conduit, fittings, elbows, as well as irrigation pressure and sewer/drain pipe products. Ridgeline Pipe employs nearly 100 full-time and temporary workers at its Eugene, Oregon facility, which has the capability to operate 24 hours a day, 7 days a week to meet customer demand. The Ridgeline Pipe facility will continue operations at its current location.

Buy -