# Cougar acquires Industrea Mining Equipment assets

Cougar acquired Industrea Mining Equipment assets for less than $100 million, creating Cougar Industrea Mining Equipment (Cougar IME) to manufacture a full range of underground mining equipment.

- Type: Acquisition
- Announced: 2018-03-09
- Where: Australia
- Value: $100.0M
- Status: completed
- Products: underground mining equipment, Minecruiser, Minegrader, Flitmate, Minedozer, shearer transporter, longwall chock carriers, in seam drill rigs
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Industrea Mining Equipment](https://endata.com/companies/30485.md) (target)
- [Cougar](https://endata.com/companies/30683.md) (acquirer)

## Sources

- [miningmonthly.com](https://www.miningmonthly.com/international-coal-news/news/1334524/industrea-acquisition-cements-cougars-mining-equipment-future), 2018-03-09: "The acquisition would ensure Cougar maintained a strong position in the global mining market."

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