Non-Precious Metals & Non-Metallic Mining M&A » By The Online Investor Staff, updated Thu., Apr. 18, 6:20 PM
Recent mergers and acquisitions in the Non-Precious Metals & Non-Metallic Mining M&A category.
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Slide #7. MFC Industrial Ltd. — F.J. Elsner & Co. GmbH
Acquirer:
MFC Industrial Ltd. (MIL)
Acquiree:
F.J. Elsner & Co. GmbH
Details:
MFC Industrial Ltd. ("MFC" or the "Company") (NYSE: MIL) announced that it acquired 100% interest in the F.J. Elsner & Co. GmbH ("Elsner"), a global commodity company focused on steel and related products which was founded in 1864 with its head office based in Vienna Austria.
MFC Industrial is engaged in the commodities supply chain business. Co., through its subsidiaries, source, produce, process, transport, finance, assess risk and warehouse for producers and consumers of commodities. Co. also engaged in the hydrocarbon business in Canada. Co.'s business is divided into three operating segments: global supply chain, which includes Co.'s marketing activities and captive supply assets; trade finance and services, which includes structured solutions, financial services and proprietary investing activities and all other, which encompasses Co.'s corporate and other investments and business interests, including Co.'s medical supplies and servicing business.
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Avg. Broker Rec.
 
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Hold (2.29 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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