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  5. Traxys Africa Acquires Metmar

M&A Deal Summary

Traxys Africa Acquires Metmar

On October 30, 2015, Traxys Africa acquired financial services company Metmar for 22M USD

Acquisition Highlights
  • This is Traxys Africa’s 1st transaction in the Financial Services sector.
  • This is Traxys Africa’s largest (disclosed) transaction.
  • This is Traxys Africa’s 1st transaction in South Africa.

M&A Deal Summary
Date 2015-10-30
Target Metmar
Sector Financial Services
Buyer(s) Traxys Africa
Deal Type Add-on Acquisition
Deal Value 22M USD

Target

Metmar

Bryanston, South Africa
Metmar Ltd. is a trade of ferrous, non-ferrous, carbon, plastic, rubber and chemical products with strategic suppliers and customers.

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Buyer(S) 1

Buyer

Traxys Africa

Cape Town, South Africa
Category Company
Sector Financial Services
DESCRIPTION

Traxys Africa (Pty) Ltd. is a metal, noble alloy and industrial mineral trading firm.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: South Africa M&A 1 of 1
Year: 2015 M&A 1 of 1
Size (of disclosed) 1 of 1
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