M&A Deal Summary |
|
|---|---|
| Date | 2016-05-04 |
| Target | Spencer Johnston |
| 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 STATS | # |
|---|---|
| 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 STATS | # |
|---|---|
| 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 |
