
Transactions
Sponsor Capital exits Tikomet Oy to Global Tungsten & Powders Corp(GTP), a subsidiary of Plansee Holding AG





M&A Sell-Side
Privately owned
Private Equity
July 2015
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Aventum acted as adviser to Sponsor Capital and management.
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Global Tungsten & Powders Corp(GTP), the US-based producer and supplier of semi-finished products, components, and powders made from tungsten, phosphor, and molybdenum and a subsidiary of Plansee Holding AG, the Austria-based manufacturers of powder-metallurgical products and components, has acquired Tikomet Oy, the Finland-based company engaged in recycling of hardmetal scrap by the zinc process, from Sponsor Capital Oy, the Finland-based private equity firm and Tikomet's management, for an undisclosed consideration.