Minova has added further to its European bolt capabilities with two more acquisitions that join the group that expanded last year with two buys and recently through a strategic pact with Atlas Copco.
The company has acquired steel bolt makers Berg- und Industrietechnik Arnall of Germany and Arnall of Poland, the latter also being a manufacturer of cable bolts and accessories.
In a statement, Minova said it was the largest supplier of rock bolts in Europe and is another step to its strategic goal of being a one-stop service for tunnelling and mining consumables.
Minova also recently made two other buys: US firm Excel, which makes speciality rock bolts and strata support accessories; and, Australian firm Strata Control Systems which designs, makes and supplies steel strata support products.
Financial details of the purchases were not disclosed.
Recently, a co-marketing deal was agreed between Minova and Atlas Copco to widen their respective markets for rockbolts. Atlas Copco customers would also have access to Minova’s resins, grouts and related equipment (T&TI, September, p14).
As the ground control arm of Orica Group since its acquisition two years ago, Minova has made rapid headway into specialised steel products markets through purchases.
In 2007, it bought Czech firm Geobolt and French firm Cocentall’s assets and sales.
