Austin to acquire Mainetec for AUS$19.6 million

Austin Engineering Ltd has entered into a binding agreement to acquire Australian mining equipment manufacturer, Mainetec Pty Ltd, for an initial amount of AUS$19.6 million (US$13.5 million).

Australian mining bucket manufacturer Mainetec has been acquired by Austin Engineering

23 August 2022
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The acquisition will give Austin access to Mainetec's Hulk range of high-performance mining buckets, increasing the potential customer base in all of Austin's markets.

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