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M&A Deal Summary

Umicore Acquires Eurotungstene Powders SAS

On December 9, 2016, Umicore acquired metals/mining company Eurotungstene Powders SAS from Eramet

Acquisition Highlights
  • This is Umicore’s 2nd transaction in the Metals/Mining sector.
  • This is Umicore’s 1st transaction in France.

M&A Deal Summary
Date 2016-12-09
Target Eurotungstene Powders SAS
Sector Metals/Mining
Buyer(s) Umicore
Sellers(s) Eramet
Deal Type Divestiture

Target

Eurotungstene Powders SAS

Grenoble, France
Eurotungstene Powders SAS is a provider of metal powders and binders for diamond tools, cemented carbides, high-density materials, metal injection moulding. Eurotungstene specialises in processing cobalt, tungsten carbide, tungsten, tungsten-copper and rhenium under powder and granule forms.

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Buyer(S) 1

Buyer

Umicore

Brussels, Belgium
Category Company
Founded 1805
Sector Environmental
Employees10,999
Revenue 14.9B EUR (2024)
DESCRIPTION

Umicore operates as a materials technology and recycling company worldwide. Umicore was incorporated in 1805 and is based in Brussels, Belgium.

DEAL STATS #
Overall 5 of 7
Sector: Metals/Mining M&A 2 of 2
Type: Divestiture M&A Deals 2 of 3
Country: France M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-01 EverZinc

Loncin, Belgium

EverZinc engages in the production of zinc chemicals with three product lines: fine zinc powders, zinc oxide, and zinc powders for batteries. Industrial operations are located in Belgium, the Netherlands, Norway, China, and Malaysia. EverZinc is based in Angleur, Belgium.

Sell €142M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-20 Materia - Catalyst Business

Pasadena, California, United States

Materia, Inc. - Catalyst Business is a provider of homogeneous catalysts.

Buy $27M

Seller(S) 1

SELLER

Eramet

Paris, France
Category Company
Founded 1880
Sector Metals/Mining
Employees8,782
Revenue 2.9B EUR (2024)
DESCRIPTION

Eramet is a mining and metallurgical group operating internationally. Eramet specializes in extracting, producing, and selling non-ferrous metals and in producing and transforming alloys. Eramet was founded in 1880 and is based in Paris, France.

DEAL STATS #
Overall 1 of 5
Sector: Metals/Mining M&A 1 of 5
Type: Divestiture M&A Deals 1 of 5
Country: France M&A 1 of 3
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-26 Gulf Chemical & Metallurgical

Freeport, Texas, United States

Gulf Chemical & Metallurgical Corporation engages in recycling spent petroleum catalysts and producing ferroalloys for the oil refinery industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-26 Mineral Deposits

Melbourne, Australia

Mineral Deposits Ltd. is a company which produces mineral sands commodities, principally zircon and rutile. Mineral Deposits was founded in 1994 and is based in Melbourne, Australia.

Buy -
Mergr

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