M&A Deal Summary

SIS Group Acquires NexGen Fibers

On March 23, 2021, SIS Group acquired metals/mining company NexGen Fibers

Acquisition Highlights
  • This is SIS Group’s 1st transaction in the Metals/Mining sector.
  • This is SIS Group’s 1st transaction in the United States.
  • This is SIS Group’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2021-03-23
Target NexGen Fibers
Sector Metals/Mining
Buyer(s) SIS Group
Deal Type Add-on Acquisition

Target

NexGen Fibers

Durham, North Carolina, United States
NexGen Fiber is a provider of steel rebars. Basalt Fiber Reinforced Rebar is lighter and stronger than convention steel rebar and exhibits higher stiffness, strength, and chemical resistance compared to E-glass. NexGen Fiber is based in Durham, North Carolina.

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Buyer(S) 1

Buyer

SIS Group

Durham, North Carolina, United States

Category Company
Sector Building Materials
DESCRIPTION

SIS Group is a manufacturer of precast concrete products including rail products, tolling utility buildings, firewalls, ballistic protection, and blast mitigation, as well as structural precast panels for residential, industrial, and office developments. SIS Group is based in Durham, North Carolina.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1