M&A Deal Summary

Swire Acquires HSE Mining

On September 3, 2013, Swire acquired metals/mining company HSE Mining from General Enterprise Management Services

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

M&A Deal Summary

Date 2013-09-03
Target HSE Mining
Sector Metals/Mining
Buyer(s) Swire
Sellers(s) General Enterprise Management Services
Deal Type Add-on Acquisition

Target

HSE Mining

Brisbane, Australia
HSE Mining is a private services company providing contract mining and machinery rental to blue-chip clients including BHP Billiton and Mitsubishi. It is focused on open cut coal and iron ore producers. HSE Mining was founded in 1991 and is based in Brisbane, australia.

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Buyer(S) 1

Buyer

Swire

London, United Kingdom

Category Company
Founded 1816
Sector Diversified
DESCRIPTION

Swire is a highly diversified global group. Many of our core businesses can be found within the Asia Pacific region, where traditionally Swire's operations have centered on the HKSAR and the Chinese mainland. Swire was founded in 1816 and is based in London, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 1

SELLER

General Enterprise Management Services

Hong Kong, China

Category Private Equity Firm
Founded 1998
PE ASSETS 850M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

General Enterprise Management Services (GEMS) is an Asian private equity group focused exclusively on the natural resources sector. The Firm targets assets with strong growth potential, clear business focus and high quality management. GEMS' target investment size is $20 to $100 million. Funds are generally used to support strategic growth initiatives, acquisitions, market expansion, or balance sheet restructuring. GEMS also invests in listed companies. GEMS was formed in 1998 and is based in Hong Kong.


DEAL STATS #
Overall 4 of 4
Sector: Metals/Mining M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 2 of 2
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-01 AED Oil

Melbourne., Australia

AED Oil is an Australian oil and gas exploration and production company. AED Oil was founded in 2005 and is based in Melbourne, Australia.

Sell -