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New Deal


Announced

Completed

Mineral Resources completed the acquisition of Mining Wear Parts.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

Australia

Acquisition

Friendly

Domestic

mining equipment

General Mining

Completed

Majority

Synopsis

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Mineral Resources, a mining service company, completed the acquisition of Mining Wear Parts, a business, that provides specialist parts to the mining, quarrying and recycling industries throughout Australia. Financial terms were not disclosed. “MRL, through CSI Mining Services, will be a significant client of Mining Wear Parts but we also look forward to introducing and expanding Mining Wear Parts and its quality service offering to our client base to deliver value-adding opportunities for all. Jason O’Rourke, our Executive General Manager, Crushing and Processing, has been instrumental in growing CSI’s crushing and processing business, both internally and externally, and Mining Wear Parts will be a key part of this growth going forward," Mike Grey, Mineral Resources COO.

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