About This Deal

Kennametal acquired Deloro Stellite Holdings 1 Limited for EUR 277 million, a transaction announced in March 2012.

Kennametal acquired Deloro Stellite, a producer of cobalt- and nickel-based wear- and corrosion-resistant alloys and coatings, to broaden its advanced-materials and wear-solutions business beyond core metalcutting.

Kennametal acquired Deloro Stellite, a producer of cobalt- and nickel-based wear- and corrosion-resistant alloys and coatings, to broaden its advanced-materials and wear-solutions business beyond core metalcutting.

Deal Terms

Acquirer
Kennametal
Target
Deloro Stellite Holdings 1 Limited
Value
EUR 277 million
Date
March 2012
Type
Full acquisition
Status
Completed

Transaction Details

Announced
March 1, 2012

In Their Words

On March 1, 2012, Kennametal Inc. completed the acquisition of Deloro Stellite Holdings 1 Limited for a purchase price of approximately Euro 277 million pursuant to the Share Sale and Purchase Agreement ... dated January 13, 2012.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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