Quant inks significant Brazilian maintenance deal

Industrial maintenance provider Quant Brazil, part of global group Quant AB, has signed a two-year maintenance contract with revenue estimated at BRL 72 million (EUR 13 million, US$13.75 million) annually over the life of the deal.

The client, which Quant would only identify as an international iron ore mining company, has retained the company for electromechanical maintenance and scaffolding assembly. Work will take place at three sites, and crews will be mobilising this month.

Full operations under the contract will begin in September.

“Quant will execute the maintenance following all the available safety and maintenance best practices, in order to increase productivity and pursue the target of zero accidents together with our customer,” said Ricardo Perroni, business development manager for Quant Brazil.

Source: Quant