# AURELIUS acquires Minova from Orica for AUD 180M

AURELIUS Group has agreed to acquire Minova, a global manufacturer of mining and infrastructure products, from Orica Ltd. for an enterprise value of AUD 180 million (approx. EUR 114 million). The transaction is expected to close in Q1 2022.

- Type: Acquisition
- Announced: 2021-12-12
- Value: $128.0M (180.0M AUD)
- Status: announced
- Products: earth-control products, steel bolts, steel mesh, chemical resins
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Aurelius](https://endata.com/companies/250.md) (acquirer)
- [Orica Limited](https://endata.com/companies/28933.md) (partner)
- [Minova](https://endata.com/companies/48881.md) (target)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/corporate/aurelius-acquires-minova-in-a-global-carve-out-transaction-from-orica-ltd/9cb8e02f-a4c3-437e-a001-f5a4186a21cf_en), 2021-12-12: "AURELIUS agrees to acquire Minova, a leading global manufacturer and provider of mining and infrastructure essentials, for an Enterprise Value of AUD 180m (approx. EUR 114m)."
- [private-equitynews.com](https://www.private-equitynews.com/news/aurelius-acquires-minova-in-a-global-carve-out-transaction-from-orica-ltd/), 2021-12-12: "AURELIUS agrees to acquire Minova, a leading global manufacturer and provider of mining and infrastructure essentials, for an Enterprise Value of AUD 180m (approx. EUR 114m)."

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