Orica to acquire Axis Mining Technology for $243m.

Orica, a mining and infrastructure solutions provider, agreed to acquire Axis Mining Technology, a company in the design, development and manufacture of specialised geospatial tools and instruments for the mining industry, for $243m. “The integration of Axis’ technology and expertise will accelerate our ability to support our customer’s digital transformation efforts around the world, helping them to operate more efficiently, sustainably and safely," Sanjeev Gandhi, Orica Managing Director and CEO.