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New Deal


Announced

Completed

Tokai completed the acquisition of COBEX from Triton for $919m.

Financials

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Transaction Value£736m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales3.5x
EV/EBITDA11x
Share Price Premium-
One Off Charge-

Tags

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Private

copper smelter

powdered activated carbon products

Friendly

Acquisition

Nonferrous Metals

Private Equity

Completed

Germany

Single Bidder

Cross Border

Synopsis

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Tokai Carbon, a company in the production and sale of a broad range of high-quality carbon and graphite products, completed the acquisition of COBEX, a global company in the manufacture of carbon and graphite products from Triton for $919m. “With Triton’s support and thanks to its sector expertise and know-how we have successfully gone to a stand-alone company and were able to foster COBEX’s position as a global market leader at the same time. We welcome Tokai Carbon as a new owner and look forward to a successful future,” Frank Goede and Andrzej Hotlos, COBEX Managing Directors.

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