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New Deal


Announced

Perenti to acquire DDH1.

Synopsis

Perenti, a global mining services group. agreed to acquire DDH1, a specialised surface and underground drilling services provider. Financial terms were not disclosed. “This is a compelling transaction that represents an exciting next step in delivering on Perenti’s purpose, to create enduring value and certainty, by building a portfolio of complementary high quality businesses. Perenti has a long history in drilling from its Ausdrill heritage and Barminco Diamond Drilling business and understands the attractiveness of the market," Mark Norwell, Perenti Managing Director & CEO.

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