M&A Deal Summary

Tyrolit Schleifmittelwerke Swarovski KG Acquires Carborundum Electrite

On December 1, 2004, Tyrolit Schleifmittelwerke Swarovski KG acquired manufacturer Carborundum Electrite from Riverside

Acquisition Highlights
  • This is Tyrolit Schleifmittelwerke Swarovski KG’s 2nd transaction in the Manufacturing sector.
  • This is Tyrolit Schleifmittelwerke Swarovski KG’s 1st transaction in Czech Republic.

M&A Deal Summary

Date 2004-12-01
Target Carborundum Electrite
Sector Manufacturing
Buyer(s) Tyrolit Schleifmittelwerke Swarovski KG
Sellers(s) Riverside
Deal Type Add-on Acquisition

Target

Carborundum Electrite

Czech Republic
Carborundum Electrite manufactures abrasive products like grinding wheels, coated abrasives, abrasive grains and a variety of specialized abrasive products. Carborundum sells its products to large industrial users, and agents and distributors in over 30 countries.

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Buyer(S) 1

Buyer

Tyrolit Schleifmittelwerke Swarovski KG

Schwaz, Austria

Category Company
Sector Manufacturing
DESCRIPTION

TYROLIT Schleifmittelwerke Swarovski K.G. manufactures and markets grinding, cut-off, sawing, and drilling tools.


DEAL STATS #
Overall 2 of 4
Sector: Manufacturing M&A 2 of 4
Type: Add-on Acquisition M&A Deals 1 of 3
Country: Czech Republic M&A 1 of 1
Year: 2004 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-03 Cimform

Cincinnati, Ohio, United States

Cimform is a North American producer of vitrified and resin-bonded grinding wheels with advanced conventional, synthetic and super abrasive technology.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-08-04 Radiac Abrasives

Salem, Illinois, United States

Radiac Abrasives is a manufacturer of bonded abrasive and super abrasive grinding wheels. Radiac provides a full line of grinding products to customers across various industrial markets including aerospace, oil and gas, primary metals and automotive. Radiac Abrasives is based in Salem, Illinois.

Buy -

Seller(S) 1

SELLER

Riverside

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1988
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Riverside Company is a global private equity firm that seeks investments in profitable lower middle-market companies valued under $400 million. Riverside looks to invest in growth businesses headquartered in North America, Europe, and Asia (primarily Japan and South Korea), that have been in operation for at least five years. Riverside targets investments in a wide array of industries including distribution, automotive, healthcare, education, manufacturing, software, consumer services, plastics, publishing, food, communications, marine, and business services. Riverside was formed in 1988 and is based in New York City.


DEAL STATS #
Overall 10 of 207
Sector: Manufacturing M&A 3 of 13
Type: Add-on Acquisition M&A Deals 6 of 86
Country: Czech Republic M&A 3 of 5
Year: 2004 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-01 Justrite

Des Plaines, Illinois, United States

Justrite is a manufacturer of safety products that are designed to help companies prevent catastrophic events caused by fire or spillage of hazardous materials. Justrite was founded in 1906 and is headquartered in Des Plaines, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-18 Connor Sports Flooring

Arlington Heights, Illinois, United States

Connor Sports Flooring Corporation manufactures hard maple and synthetic sports flooring systems. The company is headquartered in Arlington Heights, Illinois.

Buy -