# Caterpillar Holdings Australia acquires Minetec from Codan

Caterpillar Holdings Australia announced the acquisition of Australia-based Minetec from Codan Limited. Minetec supplies tracking and data communications networks and software for underground mining.

- Type: Acquisition
- Announced: 2021-07-02
- Where: Australia
- Status: completed
- Products: underground mining communications technology, tracking and data communications networks, software applications for mining productivity and safety
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Minetec](https://endata.com/companies/30232.md) (target)
- [Codan](https://endata.com/companies/30233.md) (partner)
- [Caterpillar Holdings Australia](https://endata.com/companies/56225.md) (acquirer)

## Sources

- [constructionequipment.com](https://www.constructionequipment.com/home/news/10758690/cat-holdings-australia-acquires-minetec), 2021-07-02: "The acquisition will further drive integration of Minetec’s world-class underground products and capabilities, such as task management, high-precision tracking, wireless communications and proximity detection into MineStar."
- [globalminingreview.com](https://www.globalminingreview.com/mining/02072021/caterpillar-holdings-australia-acquires-minetec-from-codan/), 2021-07-02: "The acquisition will further drive integration of Minetec’s world-class underground products and capabilities, such as task management, high-precision tracking, wireless communications and proximity detection into MineStar."

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