Ausdrill to acquire Barminco for $197.2m

Australian mining services firm Ausdrill has signed an agreement to acquire all equity in underground hard-rock mining contractor Barminco Holdings for approximately A$271.5m ($197.2m). The deal includes assumption of Barminco's debt and is subject to shareholder approval.

“Barminco and Ausdrill are a great fit, with the businesses providing complementary services and having worked together for a decade through our AUMS JV.”mining-technology.com

• 1 source
• mining-technology.comAusdrill agrees to acquire mining contractor Barminco for $197.2mHemanthAug 17, 2018

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