Bis Industries to acquire UGM

Bis Industries to acquire UGM, mining services group. Bis will add UGM’s mining services business, conveyor installation business, underground plant hire business and diesel services workshops. The deal does not include UGM’s highwall mining and pipelion businesses, which will continue to be owned and operated under the ADDCAR brand. Bis chief executive officer Brad Rogers said the deal delivered ready-made expansion of the company’s existing underground business, which already offered the biggest underground hire fleet in Australia.