At what enterprise value was ESCO CORPORATION acquired in 2018?

During the acquisition of ESCO CORPORATION by WEIR GROUP in 2018, the transaction's Enterprise Value is estimated to be in the range of 1b - 4b USD.

What was the EV/EBITDA of ESCO CORPORATION when it was acquired by WEIR GROUP?

The estimated EV/EBITDA multiple for ESCO CORPORATION is in the range of 10x - 18x.

When was ESCO CORPORATION acquired by WEIR GROUP?

ESCO CORPORATION was acquired by WEIR GROUP in 2018.

What was the EBITDA of ESCO CORPORATION during the acquisition?

ESCO CORPORATION's EBITDA is estimated to be in the range of 100M - 200M USD.

How is the data for the ESCO CORPORATION acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the ESCO CORPORATION deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.global.weir/newsroom/global-news/weir-completes-acquisition-of-esco-corporation/

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Home Database Industry & ManufacturingESCO CORPORATION

07/2018

ESCO CORPORATION acquired by WEIR GROUP

UNITED STATES Industrial Equipment / Special Machinery EV 1b - 4b USD

Context

The acquisition of ESCO Corporation by The Weir Group represents a transformative consolidation in the global mining equipment sector, creating a leading provider of mission-critical surface mining solutions. Structurally, the transaction brings together the acquirer’s established expertise in materials processing and minerals equipment with the target’s leadership in ground engaging tools. The strategic rationale for the deal is grounded in the complementarity of the two portfolios, which allows the combined entity to offer a unique, integrated proposition for mining customers, spanning the entire lifecycle from extraction to mineral concentration. By leveraging the acquirer's extensive global service network, the transaction significantly expands the reach of the target’s high-margin, aftermarket-intensive product line, particularly in regions where the target's footprint was previously less developed.

ESCO CORPORATION, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).

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Target

ESCO Corporation is a global industrial manufacturer and the premier provider of highly engineered ground engaging tools (GET) for the surface mining and infrastructure sectors. With a heritage spanning over a century, the company has established itself as the market leader in the design and production of mission-critical wear parts, including teeth, shrouds, adaptors, blades, and locking systems. Its proprietary technology, protected by an extensive portfolio of approximately 1,800 patents, provides superior wear life, enhanced reliability, and reduced maintenance downtime for large-scale mining equipment. The company’s business model centers on the supply of high-performance consumables that are essential for the productivity of mining operations, where uptime and operational efficiency are paramount. By focusing on core strengths in material science and innovative product design, the firm serves as a strategic partner to the world’s leading mining companies.

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REFERENCES

Valuation range: EV 1b - 4b USD

EBITDA range: 100M - 200M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ESCO CORPORATION by WEIR GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: esco corporation

Acquirer: weir group