Wood to sell Terra Nova Technologies to Cementation Americas for $38M

Wood agreed to sell its Terra Nova Technologies conveying and material handling business to Cementation Americas, owned by Murray & Roberts, for expected cash proceeds of $38 million. Closing is expected in the June quarter of 2019.

“Wood has agreed the sale of its Terra Nova Technologies business to Cementation Americas, a business owned by Murray & Roberts Holdings.”im-mining.com

• 5 sources
• im-mining.comWood to sell Terra Nova Technologies to Cementation Americas - International MiningDaniel GleesonMar 25, 2019
• miningmagazine.comCementation buys Wood's conveyor systems businessMar 25, 2019
• canadianminingjournal.comMERGER: Cementation acquires Terra Nova Technologies - Canadian Mining JournalMarilyn ScalesMar 25, 2019
• cementation.comCementation Americas Acquires Terra Nova Technologies and Expands Its Global Mining Service Offering • CementationzlewisMar 25, 2019
• im-mining.comWood and Cementation Americas complete Terra Nova Technologies deal - International Mining

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