On the Record · Ferro
Ferro acquisitions, on the record
The businesses Ferro bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Tile Coatings businessWord for word“In December 2019, we announced that we had entered into an asset and stock purchase agreement pursuant to which Ferro has agreed to sell Ferro’s global tile coating systems business (the “Tile Coatings business”) to Pigments Spain S.L.” 10-K for 2019 | agreed divestiture | In December 2019 | — |
Quimicer, S.A. (“Quimicer”)Word for word“On October 1, 2018, the Company acquired 100 % of the equity interests of Quimicer, S.A. (“Quimicer”), for € 32.2 million (approximately $ 37.4 million), including the assumption of debt of € 5.2 million (approximately $ 6.1 million) .” 10-K for 2019 | acquisition | On October 1, 2018 | for € 32.2 million (approximately $ 37.4 million), including the assumption of debt of € 5.2 million (approximately $ 6.1 million) |
UWiZ Technology Co., Ltd. (“UWiZ”)Word for word“On September 25, 2018, the Company acquired 100 % of the equity interests of UWiZ Technology Co., Ltd. (“UWiZ”) for TWD 823.4 million (approximately $ 26.9 million) in cash .” 10-K for 2019 | acquisition | On September 25, 2018 | for TWD 823.4 million (approximately $ 26.9 million) in cash |
Ernst Diegel GmbH (“Diegel”)Word for word“Acquisition of Ernst Diegel GmbH (“Diegel”): As discussed in Note 5, in the third quarter of 2018, the Company acquired 100% of the equity interests of Diegel, including the real property of a related party, for €12.1 million (approximately $14.0 million) .” 10-K for 2019 | acquisition | in the third quarter of 2018 | for €12.1 million (approximately $14.0 million) |
MRA Laboratories, Inc. (“MRA”)Word for word“Acquisition of MRA Laboratories, Inc. (“MRA”): As discussed in Note 5, in the second quarter of 2018, the Company acquired 100% of the equity interests of MRA, for $16. 0 million.” 10-K for 2019 | acquisition | in the second quarter of 2018 | for $16. 0 million |
PT Ferro Materials Utama (“FMU”)Word for word“Acquisition of PT Ferro Materials Utama. (“FMU”): As discussed in Note 5, in the second quarter of 2018, the Company acquired 66% of the equity interests of FMU, for $2. 7 million in cash, in addition to the forgiveness of debt of $9.2 million, bringing our total ownership to 100%.” 10-K for 2019 | acquisition | in the second quarter of 2018 | for $2. 7 million in cash, in addition to the forgiveness of debt of $9.2 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $129.5 million | $20.6 million |
| 2017-12-31 | $131.2 million | $37.9 million |
| 2018-12-31 | $75 million | $17.4 million |
| 2019-12-31 | $251,000 | — |
| 2020-12-31 | $0 | — |
| 2021-12-31 | $0 | — |
Deal filings since 2016
- 2022-04-21 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-05-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-12-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-12-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-04-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-02-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-26 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-01-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Ferro’s annual reports (10-K for 2021, 10-K for 2020, 10-K for 2019) and the financial data it files with the SEC, as of 2022-03-01. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.