# SIV Capital to acquire PPK Mining Equipment Group for $18.6M

SIV Capital Limited has signed a Scheme Implementation Deed to acquire 100% of PPK Mining Equipment Group Limited for an implied equity valuation of approximately A$18.6 million, offering $0.22 cash per share or scrip.

- Type: Acquisition
- Announced: 2026-11-12
- Where: Australia
- Value: $12.0M (18.6M AUD)
- Status: announced
- Products: underground mining machinery, Driftrunner personnel carriers, CoalTram load-haul-dump utility vehicles, Jug-A-0 diesel-powered LHD vehicles, Brumby vehicles
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [SIV Capital Limited](https://endata.com/companies/95838.md) (acquirer)
- [PPK Mining Equipment Group Limited](https://endata.com/companies/95839.md) (target)

## Sources

- [kalkinemedia.com](https://kalkinemedia.com/au/news/announcements/siv-capital-limited-agrees-to-acquire-ppk-mining-equipment-group-at-022-per-share-via-scheme-implementation-deed), 2026-11-11: "SIV Capital Limited (ASX:SIV) has formalized a Scheme Implementation Deed with PPK Mining Equipment Group Limited (PPKME), proposing to acquire 100% of PPKME's issued shares through a scheme of arrangement."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.