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First Majestic acquires Gatos Silver for $1.05B

PUBLIC · AGSep 21, 2026about 2 hours ago

Acquiring Company

First Majestic Silver

Acquired Company

Gatos Silver

VancouverVancouverMiningMineralMining TechnologyMuseums And Historical SitesMiningMineralMining Technology

Description

First Majestic Silver has acquired Gatos Silver through a $1.05 billion deal, marking a significant expansion in its operations. This acquisition is expected to boost silver production significantly, as First Majestic shifts towards higher-scale operations. The integration is seen as a transformative point for the company, helping it return to profitability and achieve record production levels.

Company Information

Company

First Majestic Silver

Location

Vancouver, British Columbia, Canada

About

First Majestic Silver Corp. is a company that previously owned the Motherlode Crown Grants, host to the historical Motherlode, Sunset, Sunrise, and Greyhound mines that produced copper (Cu), gold (Au), and silver (Ag) from both open pit and underground workings during the early and middle 1900s.

Fundz sees it the moment First Majestic Silver makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Predictive Intelligence
Strategic

ML-powered predictions for First Majestic Silver's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Gatos Silver?

Gatos Silver was acquired by First Majestic Silver, based in Vancouver. The deal was reported on September 21, 2026. First Majestic Silver Corp. First Majestic Silver is publicly traded (AG) and operates in Mining.

When did First Majestic Silver acquire Gatos Silver?

First Majestic Silver's acquisition of Gatos Silver was reported on September 21, 2026. First Majestic Silver has acquired Gatos Silver through a $1.05 billion deal, marking a significant expansion in its operations. This acquisition is expected to boost silver production significantly, as First Majestic shifts towards higher-scale operations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Gatos Silver do?

Gatos Silver, Inc. is a mining company with operations in Canada and Mexico, focusing on silver and zinc production. It is privately held, operating in Mining, and is based in Vancouver.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.