Chile’s SK Buys Belgian Mining Supplier

Chile’s SK Buys Belgian Mining Supplier

Chile Europe M&A

Just a day after offloading its white goods unit, Chilean conglomerate Sigdo Koppers has agreed to purchase Belgian portfolio company Magotteaux for EUR550m ($790m). The two deals allow SK to turn its focus more completely on mining services, and is the largest-ever acquisition by a Chilean targeting assets outside of LatAm, according to Dealogic data. SK emerged the winner in a sale process started earlier this year by Swedish private equity firm IK Investment Partners for the manufacturer of c

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