# NRW Holdings to acquire RCR Tomlinson's Mining and Heat Treatment businesses for A$10M

NRW Holdings has entered into an agreement to acquire RCR Tomlinson's Mining and Heat Treatment businesses for A$10 million ($7.3 million) in cash. The deal is expected to complete within two weeks.

- Type: Acquisition
- Announced: 2019-01-31
- Where: Australia
- Value: $7.30M (10.0M AUD)
- Jobs: 300
- Status: announced
- Products: mining equipment, heat treatment services
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [NRW Holdings](https://endata.com/companies/20658.md) (acquirer)
- [RCR Tomlinson](https://endata.com/companies/21513.md) (target)
- [RCR Mining](https://endata.com/companies/37331.md) (target)
- [RCR Heat Treatment](https://endata.com/companies/37332.md) (target)

## Sources

- [im-mining.com](https://im-mining.com/2019/01/31/nrw-holdings-signs-a10-million-deal-buy-rcrs-mining-heat-treatment-businesses/), 2019-01-31: "NRW Holdings has entered into an agreement to acquire RCR Tomlinson’s Mining and Heat Treatment businesses for A$10 million ($7.3 million) in cash."
- [proactiveinvestors.com.au](https://www.proactiveinvestors.com.au/companies/news/214679/nrw-holdings-completes-acquisition-of-rcr-mining-and-rcr-heat-treatment-214679.html), 2019-02-14: "This acquisition delivers a complementary business to NRW and aligns with NRW’S strategy to broaden the service offering to Tier-1 clients at a time of improving market sentiment."

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