Fosroc Mining recently became Minova, following the US$50m buyout from BP, backed by Close Brothers Private Equity of London.
Minova CEO, Sandy Arbuthnot, said: “we needed to develop a new identity to reflect the stand-alone mining and tunnelling business and the change of ownership”.
Minova supplies consumable chemical products and services to mining and tunnelling. These relate to rockbolting, strata injection, ventilation seals and cavity filling.
Minova makes sales in more than 40 countries, and has developed through organic growth and acquisitions. The company generated a turnover of US$134M.
