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New Deal


Announced

KME to acquire Sundwiger Messingwerk for €62m.

Financials

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Transaction Value£53m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales0.3x
EV/EBITDA3.87x
Share Price Premium-
One Off Charge-

Tags

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Germany

bronze products

brass tubes

Single Bidder

Metal Fabricating

Acquisition

Friendly

Cross Border

Majority

brass rods

Private

Pending

Synopsis

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KME, a supplier of precision rolled copper, phosphor bronze, nickel silver and brass strip and offer an extensive portfolio of high quality products, agreed to acquire Sundwiger Messingwerk, a company specializing in bronze rolled semi-finished products and a manufacturer of brass rolled semi-finished products for €62m.

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