Add-on Acquisition • Metals/Mining

Petra Diamonds Acquires Williamson Diamonds

On September 1, 2008, Petra Diamonds acquired metals/mining company Williamson Diamonds

Acquisition Context
  • This is Petra Diamonds’ 1st transaction in the Metals/Mining sector.
  • This is Petra Diamonds’ 1st transaction in Tanzania.

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M&A Deal Summary

Date September 1, 2008
Target Williamson Diamonds
Sector Metals/Mining
Buyer(s) Petra Diamonds
Deal Type Add-on Acquisition

Target Company

Williamson Diamonds

Dar es Salaam, Tanzania
Williamson Diamonds Ltd is a operator of diamond mining.
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Buyer Overview 1

Buyer

Petra Diamonds

St. Helier, Cayman Islands

Category Company
Founded 1997
Sector Metals/Mining
Employees4,663
Revenue 472M GBP (2014)
DESCRIPTION

Petra Diamonds is a independent diamond mining group and an increasingly important supplier of rough diamonds to the international market.


Deal Context for Buyer #
Overall 1 of 1
Sector: Metals/Mining 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Tanzania 1 of 1
Year: 2008 1 of 1