JOHANNESBURG (miningweekly.com) – Italian engineering group Tenova said on Tuesday it has acquired Bateman Engineering, a global engineering project house with its main operational office in Johannesburg.
Tenova CEO Gianluigi Nova said the acquisition would enable the company to strengthen its global network.
“The acquisition also enables Tenova to further broaden its portfolio of products in a market expected to grow constantly in the long term,” he added.
Tenova is a global supplier of advanced technologies, products and services for the iron and steel and mining industries. It has about 3 100 employees, operates through more than 30 companies located in 22 countries on five continents and reports revenues of $1.5-billion.
Bateman Engineering executive chairperson John Ferreira said that the acquisition was an “exciting development.”
“This is a milestone in the company’s history. Being part of a larger engineering company and backed by Tenova and its parent Techinct, a respected international organisation, will be invaluable to Bateman and Delkor’s goals of significantly increasing our share of the global mining and metals market, together with the other brands that form part of the Tenova mining and metals division,” he told Mining Weekly Online.
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