Mining hydraulics supplier Hyspec acquired by Manuli division

hyspec.jpgFluiconnecto by Manuli, a division of Manuli Rubber Industries (MRI), has acquired 51% of the shares of the Hyspec Mining Services Group, which has operations in seven sub-Saharan African countries and its headquarters in Australia. This new partnership is founded on a 16-year, single source supply relationship and according to the statement, “future proofs the service delivery model, bringing together the best products, people and global distribution networks.”

Hyspec Mining Services Group of companies, with a projected $35 million of sales in 2012, is focussed on providing replacement hydraulics parts and service equipment to the mining and exploration industry across Africa. Hyspec has a large purchasing and logistics centre in Perth, Western Australia, with operational central warehouses in Ghana, Guinea, Mali, Sierra Leone, Burkina Faso, Tanzania and Zambia, where it operates through more than 50 wholly owned mine site based service points. The relationship provides Hyspec’s customers with direct access to Manuli’s highly skilled technicians and engineers, who operate from five global Innovation Centres, and are focussed on the “continuous development of new technologies and integrated mine-site solutions.”

Fluiconnecto By Manuli, is a leading international service organisation, focused on high pressure fluid connectors, providing products and application knowledge, as well as maintenance services to all market segments, through a global network tailored to local conditions. Following this acquisition, Fluiconnecto by Manuli, already a market leader in maintenance services in South Africa and Botswana, will enhance its position as “a leading service provider to the mining industry throughout the African continent.” With Hyspec on board, the Fluiconnecto By Manuli Group will now operate a network of over 200 fully owned service points in Europe, the Middle East, Africa, South America and the Asia Pacific region.