PRINT THIS PAGE Macquarie, Orica, Bain, Apollo reportedly bidding for explosives maker Dyno Nobel05/09/2005. Source: AltAssets. 
 Bain Capital, Apollo Management and a syndicate comprising Macquarie Bank and Orica are the three remaining bidders in the auction of Oslo, Norway-headquartered Dyno Nobel, the Financial Times reported. The auction is expected to fetch around €1.5bn. Dyno Nobel is currently owned by Industri Kapital.
Founded by Alfred Nobel, Dyno Nobel is a commercial explosives company with over 5,200 employees in 36 countries and sales of over $1.2bn per year.
Macquarie Bank is a major Australian financial services provider. Macquarie's partner in this auction, the Melbourne, Australia-headquartered Orica, produces commercial explosives.
Bain Capital has $25bn in assets under management. The firm's family of funds includes private equity, venture capital, public equity and leveraged debt assets.
Apollo Management is a buy-out firm specialising in large-scale industrial investments.
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