Processing timeline
22
days
Acquirer(s)
NACG WA Acquisition Pty Ltd ACN - 693 678 296
Target(s) or Vendor(s)
DCL CORP PTY LTD ABN - 60 633 008 992, IRON HIRE PTY LTD ABN - 43 641 807 589
Other parties
MacKellar Mining Pty Ltd ABN - 81 150 919 761, IRON MINE SERVICES PTY LTD ABN - 77 608 402 446, North American Construction Group Limited BN 889309654, WESTERN PLANT HIRE (WA) PTY LTD ABN - 74 643 771 920, INDIGENOUS PARTNERSHIPS AUSTRALIA PTY LTD ABN - 70 616 384 171, DGI TRADING (AUST) PTY LIMITED ABN - 50 134 423 966, IRON MINE CONTRACTING PTY LTD ABN - 26 626 808 759, NACG MM ACQUISITION PTY LTD ABN - 89 669 859 376
NACG WA Acquisition Pty Ltd, a subsidiary of North American Construction Group Limited, acquired 100% of the shares in DCL Corp Pty Ltd (trading as Iron Mining Contracting) and Iron Hire Pty Ltd. This share purchase expands NACG's mining and heavy civil construction services, and heavy equipment rental offerings in Western Australia, complementing its existing operations.
North American Construction Group Limited (NACG), via NACG WA Acquisition Pty Ltd, proposes to acquire 100% of the shares in DCL Corp Pty Ltd, trading as Iron Mining Contracting, and Iron Hire Pty Ltd (the Targets) through a share purchase agreement. NACG is a Canadian supplier of mining and heavy civil construction services to customers in the resource development, industrial construction and infrastructure sectors in Canada, the US, and Australia. Through its Australian subsidiaries, NACG supplies: heavy equipment rental services to mine operators with operators (wet hire) and without operators (dry hire) in New South Wales and Queensland; dry hire heavy equipment rentals in Western Australia; mining services to its heavy equipment rental customers in New South Wales and Queensland; and recycled and refurbished mining and construction equipment across Australia and worldwide. The Targets supply mining services and civil construction services in Western Australia. The parties both supply mining and civil construction services for large (Tier 1) and medium (Tier 2) scale mining projects.