# Tharisa Minerals acquires mining fleet from MCC Contracts

Tharisa Minerals, a subsidiary of Tharisa plc, will acquire mining equipment, strategic components, site infrastructure and spare parts from MCC Contracts, and transfer employees, effective October 1, 2017. The purchase consideration totals ZAR 300 million.

- Type: Acquisition
- Announced: 2017-09-22
- Where: Tharisa Mine, South Africa, South Africa
- Value: $22.0M (300.0M ZAR)
- Status: announced
- Products: mining equipment, PGM concentrate, chrome concentrates
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Tharisa Minerals](https://endata.com/companies/24249.md) (acquirer)
- [MCC Contracts](https://endata.com/companies/25395.md) (target)
- [Tharisa](https://endata.com/companies/27072.md) (partner)

## Sources

- [investegate.co.uk](https://www.investegate.co.uk/announcement/rns/tharisa-di---ths/acquisition-of-mining-fleet-from-mcc-unconditional/5252709), 2017-09-22: "Tharisa announces that the agreement relating to the acquisition by Tharisa Minerals of the mining equipment from MCC Contracts is unconditional and the transaction will be effective from 1 October 2017."

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