TerraMar Capital completed the acquisition of the SPNAM business of Bradken.

TerraMar Capital, a company specializing in middle-market investments, completed the acquisition of SPNAM business of Bradken, a manufacturer and supplier of differentiated consumable and capital products. Financial terms were not disclosed. "The divestment allowed Bradken to focus on customers in mining and resources, cementing its reputation as the preferred partner for innovative wear solutions for mining equipment," Sean Winstone, Bradken CEO.