Tag Archives: Seelan Gobalsamy

Omnia Holdings backs Hypex Bio non-nitrate explosive emulsions solution

Omnia Holdings has announced a strategic partnership with Sweden-based Hypex Bio Explosives Technology and the acquisition of a minority equity stake in the company.

Hypex is at the forefront of innovative and sustainable civil explosives solutions and has developed a ground-breaking emulsion using hydrogen peroxide (HP), offering substantially enhanced environmental benefits compared with conventional products, the company says.

This collaboration marks a significant milestone for both Omnia and Hypex as it will notably enhance the ongoing development and commercial rollout of Hypex’s HP emulsion technology in key markets. Additionally, it provides Omnia, the parent company of global blasting solutions provider BME, with access to state-of-the-art technology.

Omnia, in conjunction with BME, has established a reputation for its dedication to innovation and market-driven product solutions. Extending its services across Africa, Australasia, North America and Brazil, BME offers cutting-edge products and services at every stage in the mining explosives and blasting solutions supply chain, using technology to maximise safety and minimise environmental impact.

Seelan Gobalsamy, CEO of Omnia, said: “Hypex is a good strategic fit for BME and aligns with Omnia’s sustainability and high-growth objectives, including pollution and CO2 reduction. Hypex has developed the first non-nitrate explosive emulsions in the market and reduced the carbon content by 90% over traditional sources. This technology has the potential to completely change the explosives supply industry.”

Ralf Hennecke, Managing Director of BME, said: “As one of the largest explosives and blasting solutions suppliers on the African continent, BME is pursuing a globalisation strategy which is optimally aligned to the sustainable, nitrate-free emulsion technology offered by Hypex.”

Hypex’s experience in rapid yet safe development cycles, combined with the company’s proven track record in commercialisation activities, will use the proceeds from this transaction to further strengthen the organisation and invest in accelerated growth.

Thomas Gustavsson, CEO of Hypex, said: “We are thrilled to announce the partnership with Omnia, and I am very happy to have not only an ideal investor on board but also a company whose culture is well aligned with ours. I foresee significant synergies and accelerated accomplishments as a direct result. The team and I are grateful for the hard work done by both sides to accomplish this deal.”

This partnership agreement aligns seamlessly with Omnia’s capital allocation framework of adding new revenue streams in future high-growth international markets while maintaining a diversified and cash-generative business, improving the group’s competitive advantage and resilience given anticipated market changes, and aligning with its sustainability journey, it says.

Gobalsamy concluded: “As a responsible industry leader, we are committed to sustainable innovation and the responsible use of chemicals for the health, safety and well-being of our planet and its people. Our partnership with Hypex strengthens our ability to develop and distribute eco-friendly products and technologies and is testament to our purpose of creating a greener and safer future for all.”

Ralf Hennecke promoted to Managing Director at BME

Ralf Hennecke has been appointed as the Managing Director of BME, a division of the Omnia Group, with effect from December 1, 2021.

Hennecke started his career in 1987 at Rand Mines Limited and was employed at Johannesburg Consolidated Investments, following which he joined Omnia BME in 1995.

He has deep operational, marketing, sales, commercial and technical expertise, having been part of BME’s executive team for over 20 years and played a key role in BME’s recent global corporate development and strategy. In July 2021, Hennecke was promoted to the position of Managing Director for BME SADC.

BME, a leading manufacturer and supplier of explosives products, technology and blasting services to the mining sector, says it has a balanced presence in sectors that are essential to the sustainable use of the world’s finite resources and focuses on developing intellectual property to add value to the global mining sector.

Hennecke said: “It is an honour to accept this role, and with the support of my team, we are deeply committed to executing on BME’s growth plans across our global markets. We will achieve this through consistent product, technology and services delivery, close customer and stakeholder relationships and partnerships, whilst playing our part as a responsible and sustainable corporate citizen in the mining sector.”

The recent launch of AXXIS Titanium™, an advanced electronic blast detonation systems, will play a key role in driving growth, while the “Blast Alliance” approach will further entrench the division’s reputation as a collaborative partner, the company said.

Seelan Gobalsamy, CEO of the Omnia Group, said: “In line with Omnia’s growth strategy, it is vital to ensure that we have the leadership bench strength required to achieve our ambitions. It, thus, gives me great pleasure to welcome Ralf in his new role. Ralf’s wealth of experience and understanding of our group allows us to continue to execute on our growth strategy.”