# BUMA to acquire Downer's Open Cut Mining East business for $150M

Indonesian coal mining contractor BUMA will acquire Downer's Open Cut Mining East business, including contracts with BHP Mitsubishi Alliance and others, for approximately $150 million in cash.

- Type: Acquisition
- Announced: 2021-10-11
- Where: Queensland, Australia
- Value: $150.0M
- Status: announced
- Products: coal mining services, heavy equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Downer Group](https://endata.com/companies/16397.md)
- [BUMA](https://endata.com/companies/58305.md) (acquirer)

## Sources

- [miningmonthly.com](https://www.miningmonthly.com/fleets/news/1419308/indonesian-group-downer-coal-contracts), 2021-10-11: "Downer will receive about $150 million in cash from the transaction, subject to completion adjustments."

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