M&A Deal Summary

WireCo WorldGroup Acquires Fabryka Lin i Drutu Drumet Sp. z o.o.

On June 8, 2011, WireCo WorldGroup acquired manufacturer Fabryka Lin i Drutu Drumet Sp. z o.o. from Penta Investments

Acquisition Highlights
  • This is WireCo WorldGroup’s 2nd transaction in the Manufacturing sector.
  • This is WireCo WorldGroup’s 1st transaction in Poland.

M&A Deal Summary

Date 2011-06-08
Target Fabryka Lin i Drutu Drumet Sp. z o.o.
Sector Manufacturing
Buyer(s) WireCo WorldGroup
Sellers(s) Penta Investments
Deal Type Add-on Acquisition

Target

Fabryka Lin i Drutu Drumet Sp. z o.o.

Włocławek, Poland
Drumet is a steel wires, ropes and staple bands producer.

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Buyer(S) 1

Buyer

WireCo WorldGroup

Prairie Village, Kansas, United States

Category Company
Founded 1931
Sector Electrical Equipment
Employees4,000
DESCRIPTION

WireCo WorldGroup is a global manufacturer of mission-critical steel wire rope, synthetic rope, specialty wire and engineered products. WireCo’s multiple market major premium, global brands are recognized throughout the world for their quality and reliability. Its products are used in a disparate range of applications in the industrial, onshore and offshore oil and gas, mining, fishing and maritime end-markets. The company operates 24 manufacturing facilities in eight countries and employs approximately 4,000 people. WireCo WorldGroup was founded in 1931 and is based in Prairie Village, Kansas.


DEAL STATS #
Overall 5 of 6
Sector: Manufacturing M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 5
Country: Poland M&A 1 of 1
Year: 2011 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-05 Phillystran

Montgomeryville, Pennsylvania, United States

Phillystran, Inc. is a manufacturer of high tenacity fiber ropes, strands, braids and strength members from fibers such as Kevlar®, Twaron®, Technora®, Vectran®, Spectra®, Dyneema® and Zylon® for specialized applications including mooring lines, life lines, winch lines, boat rigging, structural and support lines, power cables and broadcast tower guy cables. Phillystran also manufactures polyester ropes for specialized applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-12 Royal Lankhorst Euronete Group BV

Sneek, Netherlands

Royal Lankhorst Euronete Group BV is a manufacturer of synthetic fibre ropes, industrial yarns and engineered products.

Buy -

Seller(S) 1

SELLER

Penta Investments

Prague, Czech Republic

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 10.4B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Penta Investments Ltd. is a private investment firm focused on private equity and real estate. firm specializing in buy-outs and start ups transactions. Penta seeks to invest across Central Europe including Slovakia, Poland, and Czechoslovakia. The Firm targets companies with an average enterprise value of €150 million. Areas of interest includes facility management, aerospace, banking, energy, engineering, entertainment, financing, food processing, healthcare, insurance, investment fund, manufacturing, metal, refinery, retail, telecommunications, textile industry, transportation, wholesale and utilities. Penta Investments Ltd. was formed in 1994 and is based in Prague.


DEAL STATS #
Overall 19 of 34
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 14
Country: Poland M&A 4 of 7
Year: 2011 M&A 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-02 Mezservis s.r.o.

Vsetín, Czech Republic

MEZSERVIS focuses on production, installation and repairs of electric machines and devices, especially electric drives and lift technologies.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-01 Non-performing loans management

Slovakia

Non-performing loans management is a management and recovery of non-performing loans for Slovenská konsolidačná, a.s. and other financial institutions, as well as the National Property Fund of Slovakia.

Sell -