MANAGEMENT

Interquip falls to MACA

MINING contractor MACA will pick up 60% of the issued capital of Interquip for around $8 million after negotiating an acquisition agreement with the equipment supplier’s shareholders, with the deal subject to settlement adjustments.

Karma Barndon
MACA operations director Geoff Baker.

MACA operations director Geoff Baker.

The transaction is expected to be settled in cash (70%) and MACA shares (30%), and will include an earn-out arrangement. There will also be an option to acquire the remaining 40% after three and a half...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalogue of 2022 Initial Resource Estimates and recent discovery successes.