# Thiess to acquire mining contractor MACA for A$1.0251/share

Thiess has had a bid accepted to acquire 100% of MACA at A$1.0251/share, a 42.2% premium. The acquisition aims to expand Thiess' hard-rock mining presence in Western Australia.

- Type: Acquisition
- Announced: 2022-07-26
- Where: Western Australia, Australia
- Status: announced
- Products: mining contracting services
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [MACA](https://endata.com/companies/15207.md) (target)
- [Thiess](https://endata.com/companies/15208.md) (acquirer)
- [NRW Holdings](https://endata.com/companies/20658.md) (partner)

## Sources

- [im-mining.com](https://im-mining.com/2022/07/26/thiess-targets-wa-hard-rock-mining-sector-expansion-with-maca-offer/), 2022-07-26: "The all-cash offer to acquire 100% of the shares of the company at A$1.0251/share represents a 42.2% premium to the MACA one month volume weighted average price as of July 25, 2022."
- [im-mining.com](https://im-mining.com/2022/08/30/thiess-in-leading-position-to-take-over-fellow-contract-miner-maca/), 2022-08-30: "Thiess looks like winning the acquisition tussle for fellow contract miner MACA after an increased all-cash offer was recommended by the MACA Board and NRW Holdings said it would no longer be pursuing a potential deal."

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