On January 3, 2025, Bradken Limited (“Bradken”) divested its Specialty Products North America Division (“SPNAM” or the "Company") to TerraMar Capital (“TerraMar").
Kroll’s Aerospace Defense Government M&A Group served as the exclusive financial advisor to Bradken in connection with the transaction.
About Bradken Ltd.
With more than 100 years in operations, Bradken is a global foundry and casting business, specializing in innovative, custom-designed wear parts and equipment for the mining industry. Bradken supplies the world’s largest mining companies with mining buckets, ground-engaging tools, crawler system components, mill liners, bulk handling wear parts, and remote monitoring solutions. Bradken employs over 3,000 people across its manufacturing facilities and sales and service centers across Australia, USA, Canada, India, Indonesia, Malaysia, South Africa, China, Peru and Chile.
About Bradken Specialty Products North America (SPNAM)
Founded in 1872, SPNAM is headquartered in Kansas City, Missouri. The Company is a manufacturer of large, highly engineered castings for mission-critical applications in defense, rail & transit and other specialized industrial markets. They are differentiated by their superior scale as one of the few providers of large-scale High Yield 80 (premium steel) / 100 (ballistic grade) steel castings for the U.S. Navy. The Company operates out of four main foundry and machine shop locations across the United States including Atchison, Kansas, St. Joseph, Missouri, London, Ontario (Canada) and Tacoma, Washington.
About TerraMar Capital
TerraMar is a Los Angeles-based private equity firm focused on providing debt and equity capital to middle-market businesses facing an inflection point. TerraMar targets companies that are industry leaders with a defensible market niche within the Industrials, Consumer/Retail and Business Services sectors. TerraMar seeks to partner with outstanding management teams to drive substantial increases in enterprise value while serving as a resource for its portfolio companies.
