M&A Deal Summary

Scully Royalty Acquires BAWAG Malta Bank

On February 1, 2016, Scully Royalty acquired financial services company BAWAG Malta Bank from BAWAG Group for 91M EUR

Acquisition Highlights
  • This is Scully Royalty’s 1st transaction in the Financial Services sector.
  • This is Scully Royalty’s largest (disclosed) transaction.
  • This is Scully Royalty’s 1st transaction in Malta.

M&A Deal Summary

Date 2016-02-01
Target BAWAG Malta Bank
Sector Financial Services
Buyer(s) Scully Royalty
Sellers(s) BAWAG Group
Deal Type Divestiture
Deal Value 91M EUR

Target

BAWAG Malta Bank

Malta
BAWAG Malta Bank Ltd. is a provider of financial services.

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Buyer(S) 1

Buyer

Scully Royalty

Shanghai, China

Category Company
Founded 2017
Sector Transportation
Employees72
Revenue 55M USD (2023)
DESCRIPTION

Scully Royalty is an entity that operates as an iron ore mining company in the Americas, Africa, Canada, Asia, and Europe. The company holds royalty interest in the Scully iron ore mine located in the Province of Newfoundland and Labrador, Canada. It also engages in manufacturing, and medical supplies and services industries. Scully Royalty was founded in 2017 and is based in Shanghai, China.


DEAL STATS #
Overall 4 of 4
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
Country (Malta) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-29 Possehl Mexico S.A. de C.V.

Mexico City, Mexico

Possehl Mexico S.A. de C.V. is a fully integrated commodity supply chain companies, specializing in industrial raw materials, chemicals and various other products.

Buy -

Seller(S) 1

SELLER

BAWAG Group

Vienna, Austria

Category Company
Sector Financial Services
Employees2,106
Revenue 1.6B EUR (2023)
DESCRIPTION

BAWAG Group is a holding company headquartered in Vienna, Austria, serving 2.2 million retail, small business, corporate, real estate and public sector customers across Austria, Germany, Switzerland, Netherlands, Western Europe and the United States. The Group operates under various brands and across multiple channels offering comprehensive savings, payment, lending, leasing, investment, building society, factoring and insurance products and services.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
Country (Malta) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1