The acquisition by Nepean Conveyors will provide certainty for Elltons’ customers in challenging market conditions as well as innovative solutions, Nepean CEO Miles Fuller said.
“As privately owned companies who are driven to solve customer problems through their people, innovation and performance, this is a logical fit under the Nepean brand,” he said.
“Nepean has vertically integrated manufacturing and service facilities, and highly skilled employees located close to customers in all major mining regions in Australia and South Africa.
“The combined business provides a unique, integrated set of solutions for the industry. Nepean has the products and services to provide bulk materials handling, from the mining face right through to the dispatch of processed minerals for truck, train or port applications.”
Nepean Conveyors NSW general manager Bill Munday said: “This is a major milestone and credit to the Nepean Conveyors team. Our highly passionate employees, technical strength, lean overheads, vertically integrated capabilities and the respect we have earned from the industry over 30 years positioned us for this exciting growth opportunity. We recently won major projects like Metropolitan, Cadia and Moolarben which is a massive underground conveyor system.
“It is also proof of our strategy, and our relentless customer focus. I am extremely proud of the Nepean Conveyors team.
“The acquisition of Ellton Conveyors comes in parallel with our continuous efforts to improve our customers operations, lower their operating costs and do so in the safest and most environmentally sustainable way.”
Fuller said: “Our investment in Ellton Conveyors, and more importantly Elltons’ customers, is a commitment to the industry, and further strengthens Nepean as a highly trusted conveyor partner with deep skills and application knowledge.
“This is an exciting opportunity to bring together two of the industry’s leading businesses in conveyors and bulk materials handling and to deliver an unmatched service to the industry.”
Fuller said Nepean envisages that significant benefits can be delivered to the combined customer base.
The opportunity to share and optimise product, technology and methods, expand capability and better service customers’ needs will be key outcomes, he said.
Rationalisation of shared services, as well as general economies of scale in supply and project execution, will drive cost efficiencies being sought by our mining customers, according to Nepean.
“Ellton Conveyors’ customers will continue to receive ongoing technical support from staff who understand their operations’ needs and conveyor history. The transferring Ellton team will now gain access to Nepean’s management, engineering, financial, operational disciplines, and resources to complete larger projects,” the company said.