# 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.

- Type: Acquisition
- Announced: 2018-08-17
- Where: Australia
- Value: $197.2M
- Status: announced
- Products: mining services
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Ausdrill](https://endata.com/companies/23818.md) (acquirer)
- [Barminco](https://endata.com/companies/23819.md) (target)

## Sources

- [mining-technology.com](https://www.mining-technology.com/news/ausdrill-agrees-acquire-mining-contractor-barminco-197-2m/), 2018-08-17: "Barminco and Ausdrill are a great fit, with the businesses providing complementary services and having worked together for a decade through our AUMS JV."

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