# FAMUR Group submits offer to acquire 65.8% of KOPEX Group

FAMUR SA submitted an offer to purchase 65.8% of shares in KOPEX SA from TDJ, consolidating Polish mining machinery manufacturers. The integration is expected to be completed in the first quarter of 2018.

- Type: Acquisition
- Announced: 2017-05-09
- Where: Poland
- Value: $53.0M (204.0M PLN)
- Status: announced
- Products: mining machinery
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [KOPEX](https://endata.com/companies/16281.md) (target)
- [FAMUR](https://endata.com/companies/17134.md) (acquirer)

## Sources

- [famur.com](https://famur.com/en/successful-consolidation-of-mining-companies-kopex-group-taken-over-by-famur-group/), 2017-05-09: "On 9 May 2017 FAMUR SA submitted an offer for the purchase of 65.8% of shares in KOPEX SA to TDJ."
- [mining-journal.com](https://www.mining-journal.com/mets/news/1177268/poles-apart), 2017-05-12: "Famur’s purchase of the 65.8% of Kopex that it doesn’t already own, a deal due to close in the first quarter of 2018, creates a supplier with about EUR300 million of annual mining-sector revenues."
- [coalage.com](https://www.coalage.com/departments/suppliers-news/wisconsin-welcomes-komatsu-mining/), 2017-06-05: "The Kopex acquisition is a breakthrough in the development of the FAMUR Group, the company said."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.