DSI Underground agreed to acquire 100% of share capital of Heintzmann Australia Pty Ltd
On the 8th of December 2017, DSI signed an Agreement to acquire 100% of the share capital of Heintzmann Australia.
Heintzmann Australia Pty Ltd was founded in 2010. Its major shareholder, the Heintzmann Group, is a family-owned group that has been in operation for 165 years and that is strongly connected with the mining industry worldwide, offering a wide range of mining related services. Heintzmann Australia has built a trusted relationship with local customers by offering quality products and services which will complement DSI’s product portfolio. The acquisition will allow DSI to further build on global experience and local knowledge to further develop new and innovative technical solutions for DSI’s customers.
The Heintzmann deal enables DSI Australia to enter the standing support market through the vast product range including pumpable cribs, steel props, and roadway repair. Derek Hird, Regional CEO, comments: “DSI is very excited to incorporate this business to DSI Australia; this acquisition will further strengthen our service and product range, allowing us to continue to be at the forefront in ground support products and servicing.”