Explore All 328 Divestiture Metals/Mining Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | May 4, 2016 |
| Target | Spencer Johnston Co. |
| Sector | Metals/Mining |
| Buyer(s) | Xerium Technologies |
| Sellers(s) | J.J. Plank |
| Deal Type | Divestiture |
| Deal Value | 18M USD |
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| Category | Company |
|---|---|
| Founded | 1999 |
| Sector | Manufacturing |
| Employees | 3,100 |
| Revenue | 481M USD (2017) |
Xerium Technologies, Inc. is a manufacturer and supplier of specially engineered consumable products used primarily in the production of paper, paperboard, and specific industrial applications. Xerium products are focused in two key product classifications; woven machine fabrics and felts, and roll covers.
| Deal Context for Buyer | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Metals/Mining | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| State: Wisconsin | 1 of 1 |
| Country: United States | 1 of 1 |
| Year: 2016 | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
J.J. Plank Corp. is a manufacture of metal planks and watermark rolls to the paper industry.
| Deal Context for Seller | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Metals/Mining | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| State: Wisconsin | 1 of 1 |
| Country: United States | 1 of 1 |
| Year: 2016 | 1 of 1 |
| Size (of disclosed) | 1 of 1 |