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New Deal


Announced

Completed

A group of investors completed the acquisition of Traxys from Carlyle and Louis M. Bacon.

Financials

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

Tags

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resources trading

physical trader

Mbo

Acquisition

Cross Border

Friendly

Majority

Luxembourg

Private

Private Equity

General Mining

Single Bidder

Completed

Synopsis

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A group of investors, including Traxys’ management, Optiver, CoLift and Regent Mercantile Holdings, completed the acquisition of Traxys, a global physical trader and merchant in metals and natural resources, from Carlyle and Louis M. Bacon, the founder of Moore Capital Management. Financial terms were not disclosed. “The increasing demand for raw materials to address the global energy transition serve the booming Electric Vehicle and Battery Storage markets and meet the needs of a growing global middle class coupled with structural underinvestment in raw material production markets underpin the opportunities for Traxys,” Mark Kristoff, Traxys CEO.

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