Vesuvius plc Acquires Universal Refractories, Inc.
December 22, 2021
Vesuvius plc has acquired Universal Refractories, Inc., a specialty refractory manufacturer based in Wampum, Pennsylvania, in a transaction valued at $57.1 million on a cash- and debt-free basis. The deal, funded from Vesuvius' internal resources, expands Vesuvius' North American presence among electric arc furnace steel producers and strengthens its Foundry business.
- Buyers
- Vesuvius plc
- Targets
- Universal Refractories, Inc.
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Victaulic Acquires Utility Coatings & Fabrication (UCF)
February 12, 2024
Manufacturing
Victaulic has acquired Utah-based Utility Coatings & Fabrication (UCF), adding a 21,000-square-foot manufacturing facility near Salt Lake City to expand its western U.S. manufacturing capacity. The deal, completed Feb. 7, enhances Victaulic's capabilities in the large-diameter pipe market and supports the company's strategy to manufacture more products in North America.
-
Vulcan Materials Acquires U.S. Concrete in $1.294 Billion Deal
June 7, 2021
Construction
Vulcan Materials Company entered into a definitive merger agreement to buy U.S. Concrete, Inc. for $74 per share in cash, valuing the equity at about $1.294 billion. The boards approved the deal, which is expected to close in the second half of 2021 subject to U.S. Concrete shareholder approval and regulatory clearance.
-
Busch (UK) Ltd Acquires Vacuum Furnace Engineering (VFE)
August 10, 2021
Industrial Services
Busch (UK) Ltd, part of the Busch Vacuum Solutions group, has acquired Vacuum Furnace Engineering (VFE) and made it a wholly-owned subsidiary. The acquisition is intended to strengthen Busch's vacuum solutions and service capabilities for UK metallurgy and advanced materials manufacturers, expanding service offerings and technical expertise in vacuum metallurgy and composites.
-
Fosbel (The Anderson Group Portfolio) Acquires Wahl Refractory Solutions
December 7, 2020
Manufacturing
Fosbel, a portfolio company of The Anderson Group, has acquired the assets of Wahl Refractory Solutions and will continue operating out of Wahl’s Fremont, Ohio manufacturing plant. The acquisition vertically integrates Fosbel’s supply chain and enables expansion into new end markets such as cement and aluminum.
-
Sun European Partners Affiliate Acquires Vetrerie Riunite S.p.A.
October 17, 2019
Manufacturing
An affiliate of Sun European Partners, LLP has agreed to acquire Vetrerie Riunite S.p.A. (VR Group), a leading Italian producer of technical glass (washing machine windows), glass tableware and refractory rollers. The seller is Finanziaria del Vetro; the transaction is subject to customary regulatory approvals and Sun says it will work with management to accelerate the company’s profitable growth.
-
Saint-Gobain Ceramics Acquires Monofrax
April 22, 2022
Manufacturing
Saint-Gobain Ceramics (part of Saint-Gobain) has acquired Monofrax LLC, a fused-cast refractories manufacturer in Falconer, New York, from German fund Callista. The deal expands Saint-Gobain’s refractory manufacturing footprint and capabilities to better serve local customers and support co-development of low‑carbon and circular solutions for glass, metals and other high‑temperature industries.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.