Deal Diary

Welcome to Acquisition International’s Deal Diary, the place where we showcase exciting deals from across the globe. With each diary entry, we’ll be taking a comprehensive look at the inner workings of the deal in question and will be venturing behind the scenes to take a look at the dedicated professionals involved in ensuring its success.

Here you will discover the most active deal makers and a comprehensive catalogue of the transactions they have been involved with.

Tier 1: The Website - Go live worldwide within 24 hours!

Within 24 hours of booking, we'll upload your deal and company profile - including contact details and links to your homepage - right here on our site, putting you and your firm in front of
40,000 visitors every month!

You will, of course, get a full company bio, including your contact details and fully clickable links direct to your website, and to make sure the people who matter will be able to find every deal you and your firm have been involved in at the click of a button, all of the deals posted on the Deal Diary site are incredibly easy to search by firm name, individual name, sector or region. We even have an automatically updated deal leaderboard (right). 

Tier 2: The Newsletter - Direct to 108,000 subscribers!

Your involvement in the deal will be featured on our weekly Deal Round-Up newsletter,  published via email every Thursday to a global audience of  108,000. Your deal write-up will also include hyperlinked images and logos, taking readers straight to your homepage. That’s a potential 108,000 clicks every month!

Tier 3: The Publication - Sent to 108,000 people in 170 countries!

The deal and your involvement will appear in the Deal Diary section of our monthly magazine, distributed to 108,000 people in 170 countries around the world. This is where you can tell us all about the deal and how you made it happen, providing the perfect opportunity to shout about your firm’s experience, expertise and the great work you’ve been doing.


Diligent Consultancy Advises Beech Tree Private Equity's Investment in RS Fleet
May 14, 2015
Plesner Advise Solina in Acquisition of Paulig Flavours Division
May 7, 2015
Maclay Murray & Spens Advises Phoenix Fund Services During Maitland's Acquisition
May 7, 2015
K&E & Skadden Among Five Firms on’s Stake Acquisition in Ganji
May 7, 2015
Arganto Advises Empact through Solving Efeso International's Acquisition.
May 7, 2015
Windjammer Capital's Sale of Protective Industries to Berwind
May 6, 2015
Israel’s RR Media acquires Eastern Space Systems in Romania
May 6, 2015
Allen & Overy Advises on Exim India’s Inaugural U.S. Dollar Green Bond
May 6, 2015
Adcorp acquires Dare Holdings for R280m
May 6, 2015
CounselCorp Advises Aurobindo (Australia) Pty Ltd During Pharma Eris Pharma's Acquisition
May 6, 2015
Sie Holding acquires 51% of shares in Tagor Electronic doo Nis.
May 5, 2015
Ferro Enters into Agreement to Acquire Global Inorganic Pigments Manufacturer Nubiola
April 30, 2015

Ferro Enters into Agreement to Acquire Global Inorganic Pigments Manufacturer Nubiola

Ferro Corporation (NYSE: FOE, “Company”) announced today that it has signed a definitive agreement with the shareholders of Barcelona-based Nubiola Pigmentos (“Nubiola”) to acquire 100% of the equity of Nubiola, on a cash-free and debt-free basis, for €146 million.

Based on 2014 EBITDA, excluding expected transaction synergies, the acquisition purchase price represents a transaction multiple of approximately 7X. The transaction will be funded with excess cash and a draw on the Company’s existing revolving credit facility. The transaction is expected to close within the next 60 days, subject to customary closing conditions.

Nubiola is a worldwide producer of specialty inorganic pigments and the world’s largest producer of Ultramarine Blue, a high-value pigment for plastics and construction industries due to its durability, unique color attributes and its whitening capability. Other products include specialty Iron Oxides, Chrome Oxide Greens and Corrosion Inhibitors. Nubiola generated 2014 annual sales of $119 million, based on the current euro exchange rate, and achieved compound annual growth of 4.1% over the last three years. The 101-year-old family-owned company employs approximately 750 people, including temporary employees, and has production facilities in Spain, Colombia, Romania, and India and a joint venture in China. Nubiola sells into more than 85 countries. The majority of Nubiola’s customers serve the plastics and construction industries.

The transaction is expected to be accretive to Ferro’s adjusted diluted earnings per share by $0.04 to $0.06 in 2015 and by more than $0.15 in 2016. Ferro expects the investment will achieve a return on invested capital of greater than 12% in the first full year of operations, and believes that synergies will improve return on invested capital to 15% within an acceptable time frame.

Commenting on the proposed transaction, Peter Thomas, Chairman, President and CEO of Ferro Corporation, said, “Nubiola is an excellent strategic fit with Ferro, as we strengthen our position as a global color solutions provider. The acquisition will significantly expand our product portfolio and geographic footprint and more than triple the size of our addressable market in inorganic pigments to greater than $1 billion. Nubiola will bring technology leadership on a global scale in Ultramarine Blue, along with a range of other high-value pigment and corrosion inhibitor product lines."

He continued, “Our strengths are complementary. Nubiola’s largest end market is the plastics industry, while Ferro’s Complex Inorganic Color Pigments (CICP) business focuses predominantly on the coatings market. Nubiola and Ferro share distribution channels and we have identified a number of cross-selling opportunities, though there is minimal overlap between the two companies’ product lines. Nubiola’s business model of regional production and high-touch local technical service is consistent with Ferro’s current go-to-market strategy. As a part of Ferro, Nubiola will continue to advance its R&D programs and develop innovative products and color solutions for its customers.”

Mr. Thomas concluded, “The Nubiola family and management team have done a tremendous job building the company into a global leader in inorganic pigments. Nubiola has a reputation of quality and innovation and is highly respected by customers and competitors alike. We are very pleased to add Nubiola to the Ferro portfolio and are looking forward to working with the team to continue the company’s long tradition of successfully serving its customers.”

Ferro is embarking on the growth phase of its value creation strategy, and is seeking to expand sales in emerging markets, accelerate product development efforts, and acquire businesses that build upon its leading market positions in glass-based coatings and color solutions.

HRG Group, Inc. Announces Armored AutoGroup Acquisition By Spectrum Brands
April 30, 2015
Microsemi Successfully Completes Acquisition of Vitesse
April 30, 2015
BiP Solutions Acquires Pro Mark Media
April 30, 2015
Woodruff Sweitzer Acquires Minnesota-Based Confluence Marketing
April 30, 2015
Sierra Nevada Corporation Acquires Kutta Technologies, Inc. to Expand its Unmanned Technologies
April 29, 2015
Heilind Acquires German Distributor MPS Group
April 29, 2015
IK Investment Partners to Sell Sportgroup to Equistone Partners
April 29, 2015
DAC Group Acquisition Introduces New Technology to UK Based Make It Rain
April 25, 2015
Share this page:
Copyright Acquisition Intl. 2016