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New Deal


Announced

SK Ecoplant to acquire TES Envirocorp from Navis Capital for $1bn.

Financials

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Transaction Value£736m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private Equity

Single Bidder

Friendly

Cross Border

Private

recycling services

Singapore

Acquisition

Majority

Pending

Environmental Consulting

Synopsis

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SK Ecoplant, a construction arm, agreed to acquire TES Envirocorp, a disposal and recycling company, from Navis Capital, a private equity firm , for $1bn. "We are taking a leap forward to grow from the No.1 environmental service provider at home to a global environmental service company,” Ecoplant.

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