Austin Engineering acquiring Mainetec

Australian-based Austin Engineering has inked a binding agreement to acquire fellow Australian company and equipment manufacturer Mainetec in a deal initially worth A$19.6 million. Under the deal’s terms, Austin will gain access to Maintec’s Hulk range of mining buckets and boost its customer base in its market areas. Additionally, Austin will offer Maintec’s dipper buckets to global markets, North and…

Read More