M&A Deal Summary

Western Areas Acquires Pacific Ore - BioHeap Leaching Technology

On December 22, 2009, Western Areas acquired energy services and equipment company Pacific Ore - BioHeap Leaching Technology from Syntonic

Acquisition Highlights
  • This is Western Areas’ 1st transaction in the Energy Services and Equipment sector.
  • This is Western Areas’ 1st transaction in Australia.

M&A Deal Summary

Date 2009-12-22
Target Pacific Ore - BioHeap Leaching Technology
Sector Energy Services and Equipment
Buyer(s) Western Areas
Sellers(s) Syntonic
Deal Type Divestiture

Target

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.

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Buyer(S) 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 STATS #
Overall 1 of 2
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: Australia M&A 1 of 2
Year: 2009 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-04 Kagara Nickel Pty

West Perth, Australia

Kagara Nickel Pty Ltd. is a provider of metal and mining business services.

Buy AU$68M

Seller(S) 1

SELLER

Syntonic

Perth, Australia

Category Company
Founded 2013
Sector Metals/Mining
Revenue 7M AUD (2019)
DESCRIPTION

Syntonic is a mineral exploration company. Syntonic was founded in 2007 and is based in Perth, Australia.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2009 M&A 1 of 1