中煤张家口煤矿机械有限责任公司--欢迎您 !

中煤张家口煤矿机械有限责任公司

CSS菜单--下拉菜单
比塞洛斯同意收购特雷克斯(Terex)集团采矿业务 2009/12/28 14:33:13点击:24782
   信息提供:技术中心科技管理部    发布日期:2009年12月20日
   收购将造就第一采矿设备供应商
    美国南米尔沃基-比塞洛斯国际集团(纳斯达克:BUCY)今天宣布,该集团已经签署了一份以13亿美元现金收购特雷克斯(Terex)集团采矿设备业务的协议。特雷克斯(Terex)集团可能会要求比塞洛斯以其股票(基于比塞洛斯当前交易价格)支付其中3亿美元收购款。此次交易将造就第一采矿设备供应商,从而比塞洛斯将能够为客户提供包括行走式索斗铲、电铲、液压挖掘机、非公路托运卡车、高壁采煤机、井工长壁&房柱式采煤设备和运输设备,以及全套钻机和皮带运输系统在内的全系列采矿产品。在全球范围内,比塞洛斯无与伦比的成套地面和井下采矿设备将再增加优质部件、易耗产品和售后支持服务。

   “对于收购特雷克斯(Terex)集团采矿设备业务,我们极其兴奋并深信这是为我们的客户、员工和股东们的利益建设更为强大的公司的绝佳机会。” 比塞洛斯国际集团首席执行官蒂姆.萨利文说,“由于比塞洛斯将能够提供以科技、质量和一流服务驱动的广泛而全面的产品种类,客户们将从此次交易中获益良多。贯穿扩展后的产品供应范围,我们将继续设计和生产世界级的设备,同时在设备寿命周期内提供最佳售后支持。我们将阿更丰富多样的产品扩大地理覆盖范围和种类多样性。”萨利文说:“像比塞洛斯一样,特雷克斯采矿业务也有着由无比热爱采矿业、勤劳忠诚的雇员所推动的令人自豪的历史。”

    比塞洛斯是世界上露天和井工采矿方面高产设备设计和制造领导者。特雷克斯采矿设备部门生产世界最大的液压挖掘机、托运卡车、钻机和高壁采矿系统。特雷克斯采矿设备业务部门在全世界拥有38处机构,大约2150名雇员。作为交易的成果,比塞洛斯将其有记载可循的市场从150亿美元翻了一番,达到300多亿美元,同时构建了遍布全世界100多处近10000人的员工队伍。

    根据两公司董事会批准的协议条款,比塞洛斯将收购特雷克斯公司设计、生产和销售液压挖掘机、露天矿山运输车、钻机、高壁采煤机等产品,以及相关零/部件和售后服务等业务的分公司和资产,也就是众所周知的O&K, Unit Rig、Reedrill、Superior Highwall、 Halco和Hypac。需要得到双方公司股东批准的此次收购将需要得到某些管理机构批复,同时附加了其他特定条款,预计2010年第一季度交易将会完成。

    除了客户将要获得的收益外,此次收购预计给比塞洛斯股东们带来显著的收益。比塞洛斯估测,到2012年年运营收益增加将会超过1亿美元。相当部分的收益增加来自于公司全球制造设施与均衡分布的制造中心,以及工程和产品开发资源的整合。与2007年5月比塞洛斯成功整合DBT一样,通过合并管理部门、降低采购成本,预计还会有其他的成本节省。

    比塞洛斯与集团财务部门已经达成承诺函,后者将为其提供收购项目必要的融资。承诺函还将对公司现有债务的某些条件进行修改。

    Greenhill & Co. LLC公司是比塞洛斯有关收购协议和承诺函方面的财务顾问;Sullivan & Cromwell LLP公司为比塞洛斯有关收购协议方面的法律顾问;而Foley & Lardner LLP公司是比塞洛斯有关承诺函方面的法律顾问。

    比塞洛斯将于2009年12月21日东部时间上午10:00召开电话会议讨论此项目。希望参加电话会议的人,在美国境内可以拨打866.543.6411,国际方面则可以拨打617.213.8900参与电话会议。“参会人员密码”为65922248。2010年1月21日之前都会有电话会议回放,在美国境内通过拨打888-286-8010或境外拨打617-801-6888都可以访问会议回放,回放“密码”为56162102。

    电话会议还将在网上进行音频直播,网上直播,请访问www.investors.bucyrus.com/events.aspx,或者通过www.bucyrus.com投资者关系/事件和介绍打开链接。2010年1月15日之前都会有网上直播回放。网上直播。

Bucyrus Agrees to Acquire Mining Division of Terex

December 20, 2009
Acquisition will create premier mining equipment supplier


   South Milwaukee, WI, USA, – Bucyrus International, Inc. (NASDAQ: BUCY) announced today that it has signed a definitive agreement to acquire the mining equipment business of Terex Corporation for US$1.3 billion in cash. Terex may request to receive US$300 million of the purchase price in the form of Bucyrus shares (based on Bucyrus’ current trading price). The transaction will create the premier supplier of mining equipment. Bucyrus will offer a comprehensive product portfolio comprised of walking draglines, electric rope shovels, hydraulic excavators, off-the-highway haul trucks, highwall miners, underground longwall, room and pillar and transport machinery and a full line of drills and belt systems for all mining applications. Bucyrus’ unmatched suite of surface and underground mining equipment will be paired with its superior parts, consumable products and after-market support throughout the world.
   “We are extremely excited about acquiring Terex Mining and we believe that this is a unique opportunity to build an even stronger company for our customers, employees and shareholders,” said Tim Sullivan, CEO of Bucyrus. “Customers will reap benefits from this transaction as Bucyrus will be able to offer a broad, complementary product line that is driven by technology, quality, and first class service. Through our extended product offering, we will continue to design and produce world-class machines and provide the best after-market support throughout the life of the equipment. We will expand our geographic footprint and diversify our portfolio of products across a broader range of commodities,” Sullivan said. “Like Bucyrus, the Terex mining assets have a proud history powered by hard-working, loyal employees who are passionate about mining.”
   Bucyrus is a world leader in the design and manufacture of high productivity mining equipment for surface and underground mining. The mining equipment business of Terex produces the world’s largest hydraulic excavators, rugged haul trucks, advanced drilling machines, and highwall mining systems. The Terex mining equipment business has 38 facilities around the world with approximately 2,150 employees. As a result of the transaction, Bucyrus will double its addressable market from roughly US$15 billion to over US$30 billion and create a team of approximately 10,000 people in nearly 100 locations around the world.
   Under the terms of the agreement, approved by the Boards of Directors of both companies, Bucyrus will acquire those subsidiaries and assets of Terex Corporation used to design, manufacture, and sell hydraulic excavators, surface mining trucks, drills (other than auger drills), highwall miners, and related components, parts, and after-sales service, commonly known as O&K, Unit Rig, Reedrill, Superior Highwall, Halco, and Hypac. The acquisition, which is not subject to shareholder approval by either company, is subject to certain regulatory approvals and other customary closing conditions and is expected to close during the first quarter of 2010.
In addition to the benefits to be received by customers, the acquisition is expected to yield significant benefits for Bucyrus shareholders. Bucyrus estimates that there are over US$100 million in annual run-rate operating synergies, achievable by 2012. A substantial portion of the synergies will come from the integration of the company’s global manufacturing facilities and leveraging manufacturing centers of excellence as well as engineering and product development resources. Additional cost savings are expected to come through combining management functions and reducing purchasing expenses, similar to Bucyrus’ successful integration of DBT following its acquisition in May 2007.
   Bucyrus has entered into a commitment letter with a group of financial institutions to provide funding necessary for the acquisition. The commitment letter also provides for modification of certain terms of the Company’s existing debt.
   Greenhill & Co. LLC acted as financial advisor to Bucyrus with respect to the acquisition agreement and commitment letter. Sullivan & Cromwell LLP acted as counsel to Bucyrus in connection with the acquisition agreement and Foley & Lardner LLP acted as counsel to Bucyrus in connection with the commitment letter.
    Bucyrus will host an investor teleconference to discuss this announcement on Monday, December 21, 2009 at 10:00 a.m. Eastern Time (09:00 a.m. Central Time). Those wishing to participate in the teleconference, and calling from within the United States, can dial 866.543.6411. International participants can access the teleconference by dialing 617.213.8900. The "Participant Passcode" is 65922248. A replay of the teleconference will be available until January 21, 2010 and can be accessed in the United States by dialing 888-286-8010 or from outside of the United States by dialing 617-801-6888. The "Passcode" for the replay is 52162102.
This teleconference will also be available as a live audio "webcast". To access the webcast please go to www.investors.bucyrus.com/events.aspx or find the link under the Investor Relations/Events and Presentations section of www.bucyrus.com. (Windows Media Player is required to play the webcast.) A replay of the webcast will be available until January 15, 2010.