RCR MINING & HEAT TREATMENT ACQUISITION COMPLETE
NRW Holdings is pleased to announce that it has successfully completed the acquisition of RCR Mining and Heat Treatment from the Administrators’ of RCR Tomlinson Limited.
The RCR Mining and Heat Treatment businesses which operate in Welshpool, Bunbury and Victoria will continue to be supported by the ~300 employees who have received offers of employment with NRW.
Jules Pemberton, NRW Holding’s Chief Executive Officer and Managing Director commented on the acquisition. “This acquisition delivers a complementary business to NRW and aligns with NRW’s strategy to broaden the service offering to Tier 1 clients at a time of improving market sentiment.
Since the announcement, NRW has received very positive engagement from clients who recognise the quality of the RCR Mining Technologies business and its people, together with the benefits the combination with NRW brings to their project objectives”.
For more information, read the full ASX announcement here.
For more information regarding RCR Mining and Heat Treatment click here.