CQMS Razer has agreed to acquire California-based Berkeley Forge & Tool’s (BFT) mining products and associated IP, including patents, new product development pipeline, branding, and trademarks. The Australia and US-headquartered technology and engineering company, owned by American Industrial Partners, said the acquisition was a strategic move to continue expansion of its global market presence. It[…]
Metso, to support its growth plans in China, has exercised its call option to acquire the remaining 25% of Chinese crushing and screening equipment manufacturer Shaorui Heavy Industries. The Finland-based company originally acquired 75% of Shaorui, which targets the mid-markets with its comminution equipment, back in September 2013. Back then, the company said the acquisition[…]
The Timken Company says it has reached an agreement to acquire BEKA Lubrication for around $165 million, expanding its market share in the automatic lubrication market which it entered in 2013 with the purchase of Interlube. Timken is already a leader in engineered bearings and power transmission products. BEKA, meanwhile, is a global supplier of[…]
Global environmental and advisory solutions firm SLR says it has acquired RPA Inc, a 60-person, leading mining advisory business with teams in Toronto, Denver and London. The RPA team includes geological, mining and metallurgical consultants who have provided expertise and advice on every continent to clients in the mining industry for more than 30 years.[…]
BESTECH says it is building its power services business and mining engineering capacity through the acquisition of Primary Power Group. The deal, which will also allow the engineering firm to expand into the Greater Toronto Area (GTA), will see the company achieve: Strategic growth objectives in key markets – BESTECH’s multi-disciplinary engineering team serves clients[…]
Epiroc says it has completed the divestment of its geotechnical consumables product line to global investment firm Mimir Invest AB. The products within this line are manufactured and assembled in Finland, Scotland and the US, and consist mainly of large down-the-hole hammers and related drill bits and casing advancement systems. It was previously part of[…]
Deswik, the Australia-based mining software developer, has stepped up its overseas expansion push by taking a minority stake in its longstanding Brazilian reseller partner, MCB Services and Minerals. MCB has been Deswik’s exclusive reseller partner in Brazil since 2012. Established in 2006 in Belo Horizonte, it sells mining software and services to local customers including[…]
MOGAS Industries says it has completed the acquisition of Brenco Group, an Australia-based provider of surface coating and engineering processes. The purchase will extend MOGAS’ capabilities in surface technologies, while strengthening investment in the Australasian markets to serve the needs of customers in the region, MOGAS said, adding that Brenco Group will now be referred[…]
Integrated risk management company, Sphera has entered into an agreement to acquire Stuttgart, Germany-based thinkstep in a deal that could see the creation of an “all-encompassing sustainability, health, safety, risk and product stewardship platform”. In recent years, thinkstep, a software consulting services company specialising in corporate sustainability and product stewardship, successfully transformed its business model[…]
Hawk Measurement America and FLO-CORP have agreed to merge in a deal that will bring together leading manufacturers and suppliers of advanced process instrumentation and cloud-based monitoring technology. The combined entity is now a complete flow, level, and asset monitoring solutions provider, the companies said. Over the past three decades, both companies have worked to[…]