Announced
Completed
Financials
Tags
Coal
Completed
Acquisition
Private
metallurgical coal
Friendly
United States
Majority
Single Bidder
Synopsis
Sev.en Energy, which owns significant coal and energy production assets in the Czech Republic, the United Kingdom and Australia, completed the acquisition of Blackhawk Mining, one of the largest US metallurgical coal producers. Financial terms were not disclosed. "This is an exciting time for Blackhawk Mining. With the support of Sev.en Energy, Blackhawk is well positioned to navigate the current market environment and pursue synergistic growth opportunities in the sector. We will remain focused on the safety and well-being of our employees and committed to our partnerships with customers and vendors. We look forward to integrating into the Sev.en Energy portfolio and working with its team of industry leading professionals to attain new levels of success," Jesse Parrish, Blackhawk CEO.
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