M&A Deal Summary

Voestalpine Acquires Nedcon Groep N.V.

On May 21, 2004, Voestalpine acquired manufacturer Nedcon Groep N.V. for 31M EUR

Acquisition Highlights
  • This is Voestalpine’s 1st transaction in the Manufacturing sector.
  • This is Voestalpine’s largest (disclosed) transaction.
  • This is Voestalpine’s 3rd transaction in the Netherlands.

M&A Deal Summary

Date 2004-05-21
Target Nedcon Groep N.V.
Sector Manufacturing
Buyer(s) Voestalpine
Deal Type Add-on Acquisition
Deal Value 31M EUR

Target

Nedcon Groep N.V.

Doetinchem, Netherlands
Nedcon Groep N.V. designs, manufactures and installs (components for) steel storage systems for industrial applications. The company was founded in 1969 and is based in Doetinchem, the Netherlands.

Search 192,349 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Voestalpine

Linz, Austria

website


Category Company
Sector Metals/Mining
Employees50,018
Revenue 14.9B EUR (2022)
DESCRIPTION

Voestalpine is a globally major technology and capital goods group with a unique combination of material and processing expertise. With its top-quality products and system solutions using steel and other metals, it is one of the major partners to the automotive and consumer goods industries in Europe and to the oil and gas industries worldwide. Voestalpine is based in Linz, Austria.


DEAL STATS #
Overall 3 of 17
Sector (Manufacturing) 1 of 3
Type (Add-on Acquisition) 1 of 10
Country (Netherlands) 3 of 4
Year (2004) 3 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-04-16 Voestalpine Polynorm Van Niftrik B.V.

Putte, Netherlands

Voestalpine Polynorm Van Niftrik B.V. is a manufacturer of plastic semi-finished and finished products. It also develops injection moulds and assembles plastic products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-02-23 Vollmer Metallwaren

Nagold, Germany

Vollmer Metallwaren GmbH is a series supplier of complex, innovative stamping parts and components for automotive industry. The services offered by both sites cover the entire value chain and range from engineering, tool-making and prototype construction to series production.

Buy -