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Macmahon Holdings has signed an agreement to purchase TMM Group, a civil construction company with annual revenue of about A$60 million (US$47 million). The acquisition will provide Macmahon with additional civil capability for mining-related earthworks and rehabilitation projects in Australia.
“Macmahon stated that the acquisition of TMM will provide it with additional civil capability that is expected to be an enabler to core mining work.”miningmagazine.com
Summarized from public sources; check the original articles before acting on it.