Stanmore Resources completed the acquisition of the remaining 50% stake in MetRes from M Resources.

Synopsis

Stanmore Resources, a supplier of metallurgical coals, completed the acquisition of the remaining 50% stake in MetRes, the owner of the Millennium and Mavis Downs mines, from M Resources, a coal trading and consulting company. Financial terms were not disclosed.

Principals

target

Metres Jv

bidder

Stanmore Resources

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Market Context

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Bidder Team (1)

marcelo matos

CEO at STANMORE RESOURCES

Manager

bidder

Deals

£ 1.00 B

Total Value

Vendor Team (1)

matt latimore

Founder and President at M RESOURCES

Manager

vendor

Deals

£ 1.40 B

Total Value

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