# Caterpillar acquires Minetec Pty Ltd. from Codan Ltd.

Caterpillar has acquired Minetec Pty Ltd., an Australian company specializing in communications technology for underground mining, including high-precision tracking and data communications networks.

- Type: Acquisition
- Announced: 2021-07-28
- Where: Australia
- Status: completed
- Products: high-precision tracking, data communications networks, proximity detection
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Caterpillar](https://endata.com/companies/1968.md) (acquirer)
- [Minetec](https://endata.com/companies/30232.md) (target)
- [Codan](https://endata.com/companies/30233.md) (target)

## Sources

- [e-mj.com](https://www.e-mj.com/departments/suppliers-report/noveau-monde-signs-cat-for-zero-emission-machines/), 2021-07-28: "The acquisition will further drive integration of Minetec's world-class underground products and capabilities."

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