Announced
Synopsis
Sev.en Global Investments, a Czech investment group, agreed to acquire a majority stake in Coronado Global Resources, an international producer of high-quality Metallurgical coal, from The Energy & Minerals Group, a private equity firm. Financial terms were not disclosed. “We are excited to become the majorityshareholder of Coronado. The company is a global leader in metallurgical-coal mining, with worldclass performance across its mines. We believe that Coronado has established a successful businessstrategy and we will support the company in continuation of its business strategy to grow and strengthen its position both in the US and Australia. This deal is a testament of our ability to growrapidly and successfully and aligns with our long-term strategy for international growth in these two jurisdictions,” Alan Svoboda, Sev.en Global Investments CEO.
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