M&A Deal Summary |
|
|---|---|
| Date | 2014-02-10 |
| Target | ICG ADDCAR Systems |
| Sector | Machinery |
| Buyer(s) | UGM Mining Solutions Pty |
| Sellers(s) | Arch |
| Deal Type | Divestiture |
| Deal Value | 21M USD |
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UGM Mining Solutions Pty Ltd. is a underground coal mining contractor. It focuses on coal cutting; conveyor installation and maintenance; outbye services including secondary roof support, ventilation and civil services; and diesel fleet hire and servicing.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Machinery M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Kentucky M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2014 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1969 |
| Sector | Metals/Mining |
| Employees | 3,404 |
| Revenue | 3.1B USD (2023) |
Arch is a coal producer and marketer. Its core business is supplying cleaner-burning, low-sulfur thermal and metallurgical coal to power generators and steel manufacturers on five continents. Arch was founded in 1969 and is based in St. Louis, Missouri.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Machinery M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 4 of 4 |
| State: Kentucky M&A | 1 of 1 |
| Country: United States M&A | 4 of 4 |
| Year: 2014 M&A | 1 of 1 |
| Size (of disclosed) | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-10-10 |
Patriot Coal - Guffy property
United States Patriot Coal - Guffy property reserves are owned in-fee, are contiguous to Arch's Tygart Valley reserves and the Leer mine, and are of comparable quality to Leer's high-volatile "A" metallurgical coal reserves. The addition of the Guffy reserves will enable Arch to recover up to an incremental 8 million tons of metallurgical coal at the Leer mine, thereby extending the estimated mine life of Leer by nearly three years. |
Buy | $16M |
