# NRW Holdings to acquire BGC Contracting for $310 million enterprise value

NRW Holdings confirmed it will buy BGC Contracting in a deal valuing the target at $310 million enterprise value, with an equity value of $116.4 million, to expand its mining technologies and services.

- Type: Acquisition
- Announced: 2019-11-28
- Where: Australia
- Value: $210.0M (310.0M AUD)
- Status: announced
- Products: mining contract services, industrial engineering, shutdown maintenance, fabrication
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [NRW Holdings](https://endata.com/companies/20658.md) (acquirer)
- [BGC Contracting](https://endata.com/companies/25165.md) (target)

## Sources

- [australianmining.com.au](https://www.australianmining.com.au/nrw-seals-deal-to-acquire-bgc-contracting/), 2019-11-28: "NRW Holdings has confirmed it will buy BGC Contracting in a transformational deal that gives the target an enterprise value of $310 million."

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