ELECTRICAL industry servicer IPD Group has bought family-owned electrical hazardous area equipment supplier and repairer EX Engineering for $10.2 million in a cash and scrip deal.
An EX Engineering worker in the company's IECEx-certified workshop.
The purchase price is made up of $9.2 million cash and $1 million in IPD shares. The hazardous area or "Ex" equipment EX Engineering supplies is used by the mining, oil and gas, manufacturing and agricultural...
Already have an account? Sign in here
AMM: Premier information hub for Australia's mining innovation and excellence. Stay ahead with the latest trends, technology, and practices. Essential for professionals.
A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.
The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets
An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production
An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions
Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.
