Bateman Engineering has signed a definitive agreement to acquire the Mining Process division of Intertech Trading Corp. The acquisition is expected to be completed shortly. Intertech is incorporated in the US but operates primarily in the CIS. Intertech’s Mining Process division supplies small to medium size turnkey metal and mineral processing plants and sells process equipment such as thickeners, flotation cells, hydrocyclones, pumps, screens, magnetic separators, gravity concentrators and filtration systems.
Intertech is well respected in the CIS, has a solid project pipeline and experienced senior management. Intertech’s President, Dr. Matthew Grodowski, has agreed to join Bateman and help lead its business in the CIS.
Commenting on the acquisition, Dr. Sivi Gounden, CEO of Bateman Engineering said: “Intertech Mining is very complementary to both our existing business as well as to our ongoing growth strategy. The Division’s focus on small to medium process plants diversifies our current mega-plant focus in the CIS. Intertech Mining’s reference list of gold, platinum group metals and coal projects in Russia and surrounding countries will diversify our business across the commodities and geographies we serve.”