Divestiture • Metals/Mining

Western Areas Acquires Kagara Nickel Pty

On March 4, 2012, Western Areas acquired metals/mining company Kagara Nickel Pty from Kagara for 68M AUD

Acquisition Context
  • This is Western Areas’ 1st transaction in the Metals/Mining sector.
  • This is Western Areas’ largest (disclosed) transaction.
  • This is Western Areas’ 2nd transaction in Australia.

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M&A Deal Summary

Date March 4, 2012
Target Kagara Nickel Pty
Sector Metals/Mining
Buyer(s) Western Areas
Sellers(s) Kagara
Deal Type Divestiture
Deal Value 68M AUD

Target Company

Kagara Nickel Pty

West Perth, Australia
Kagara Nickel Pty Ltd. is a provider of metal and mining business services.
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Buyer Overview 1

Buyer

Western Areas

West Perth, Australia

Category Company
Founded 1999
Sector Metals/Mining
Revenue 320M AUD (2014)
DESCRIPTION

Western Areas Ltd. is a nickel producer, with high grade nickel production assets in Australia and base metals development projects across Australia, Canada and Finland.


Deal Context for Buyer #
Overall 2 of 2
Sector: Metals/Mining 1 of 1
Type: Divestiture 2 of 2
Country: Australia 2 of 2
Year: 2012 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-22 Pacific Ore - BioHeap Leaching Technology

Australia

Pacific Ore Ltd. - BioHeap Leaching Technology is a provider of bacterial leaching used to leach lower grade sulphide ores to produce intermediate products which can be sold directly to nickel refineries.

Buy -

Seller Profile 1

SELLER

Kagara

South Perth, Australia

Category Company
Founded 1981
Sector Metals/Mining
Employees440
DESCRIPTION

Kagara Ltd. is a provider of metal and mining services in Australia. The company went into voluntary administration on 30 April 2012.


Deal Context for Seller #
Overall 1 of 1
Sector: Metals/Mining 1 of 1
Type: Divestiture 1 of 1
Country: Australia 1 of 1
Year: 2012 1 of 1
Size (of disclosed) 1 of 1

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