Devico AS

Activity by year

2023202420252026

Acquisition

Jan 20, 2023ACQUISITIONTrondheim, Norway$324.0M
Imdex to acquire Devico for $324 million
Imdex (ASX:IMD) has entered into a binding agreement to acquire global mining-tech company Devico for an implied enterprise value of $324 million. Devico is headquartered in Trondheim, Norway, and specializes in sensor and directional drilling technologies.
IMDEX acquirer Devico AS target #Mining Equipment mining.com.au
Jan 19, 2023ACQUISITIONTrondheim, Norway$230.0M
IMDEX to acquire Devico for A$334 million
IMDEX has entered a binding agreement to acquire Norway-based Devico AS, a provider of advanced sensors and directional drilling technologies, for A$334 million ($230 million). The deal is expected to close by late February 2023.
IMDEX acquirer Devico AS target #Mining Equipment im-mining.com

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Devico AS: plants, expansions, contracts and acquisitions · Endata