# Emeco Holdings to acquire Matilda Equipment for $80M

Emeco Holdings has agreed to acquire Queensland-based equipment rental company Matilda Equipment for about $80 million.

- Type: Acquisition
- Announced: 2018-04-29
- Where: Queensland, Australia
- Value: $80.0M
- Status: announced
- Products: equipment rental
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Emeco](https://endata.com/companies/20808.md) (acquirer)
- [Matilda Equipment](https://endata.com/companies/31598.md) (target)

## Sources

- [afr.com](https://www.afr.com/street-talk/emeco-picks-up-matilda-asks-shareholders-to-waltz-20180429-h0zea2), 2018-04-29: "Emeco has agreed a deal to acquire Queensland-based equipment rental company Matilda Equipment for about $80 million"
- [im-mining.com](https://im-mining.com/2018/05/01/44159/), 2018-05-01: "Matilda Equipment provides Emeco with a niche equipment rental business, allowing it to provide customers an additional service offering."
- [miningconnection.com](https://miningconnection.com/coal_prep/news/article/emeco_group_to_acquire_australia_based_matilda_equipment_for_60_million), 2018-05-03: "By specialising in low-hour, late-model, in-demand ancillary mining equipment, Matilda Equipment generates strong EBITDA margins and cash, which is in line with Emeco's deleveraging strategy."
- [mining-technology.com](https://www.mining-technology.com/news/mas-week-contura-energy-uraniumsa-emeco-holdings/), 2018-05-03: "Emeco Holdings has signed a binding agreement to acquire Matilda Equipment Holdings for A$80m ($60.62m)."

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