Chimet Expands with Forciot Oy Acquisition
Deal News | Mar 12, 2025 | Finance Community IT - 1 Corporate M&A
Chimet, a leading company in the recovery and refining of precious metals based in Badia al Pino, Arezzo, has acquired a stake in Finnish company Forciot Oy, headquartered in Tampere. Forciot specializes in the development and production of innovative technology solutions and electronic sensors for various industrial sectors, including automotive. Deloitte provided comprehensive advisory services, including financial due diligence, risk assessment, and legal advice on the transaction. The acquisition is part of Chimet's international growth strategy to enhance its portfolio with sustainable and market-aligned solutions. Forciot was legally advised by KPMG Law Finland.
Sectors
- Precious Metal Recovery and Refining
- Technology and Electronics
- Corporate Advisory and Legal Services
Geography
- Italy – Chimet is based in Badia al Pino, Arezzo, Italy.
- Finland – Forciot Oy is headquartered in Tampere, Finland, and the acquisition involves Finnish legal considerations.
Industry
- Precious Metal Recovery and Refining – Chimet operates in this industry, focusing on the recovery and refinement of precious metals.
- Technology and Electronics – Forciot Oy specializes in technological solutions and electronic sensors, catering to various industries, including automotive.
- Corporate Advisory and Legal Services – Deloitte and KPMG Law Finland provided corporate advisory and legal services for the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Chimet | Bidding Company | Company | Chimet is an Italian company specializing in the recovery and refining of precious metals, looking to expand its international footprint through strategic acquisitions. |
| Forciot Oy | Target Company | Company | A Finnish company that develops and produces innovative technological solutions and electronic sensors. |
| Deloitte | Advisor | Company | Provided financial due diligence, strategy, risk advisory, and legal services to Chimet for the acquisition. |
| KPMG Law Finland | Legal Advisor | Company | Served as the legal advisor to Forciot Oy during the acquisition. |