Tenova Pyromet (Pty) Ltd
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Tenova acquires Bateman Engineering and expands further
Company News Monday, April 16, 2012: Tenova Pyromet (Pty) Ltd
ANTITRUST CLEARANCE AND CLOSING OF BATEMAN ENGINEERING N.V. TRANSACTION, ALONG WITH A FURTHER EXPANSION, MARK THE BIRTH OF A BIG PLAYER IN THE MINING INDUSTRY
After having obtained approval from all the required Antitrust Authorities, Tenova has closed today the acquisition of Bateman Engineering N.V. (which includes Delkor rroup), a leading equipment supplier and engineering house for the mining industry.
As a further step into the mining and minerals market, in addition to the Batman Engineering N.V. acquisition, Tenova also expands itself through the integration of the Bateman business related to Solvent Extraction, Electrowinning and Chemical Technologies. Tenova Mining and Minerals product portfolio now includes also hydrometallurgical equipment and solutions for minerals, fertilizers and phosphates.
Solvent Extraction, Electrowinning and Chemical Technologies processes span from the preliminary stages of defining the customer’s needs and conducting research and feasibility studies to plant modification, expansion and new facility construction.
Tenova Mining & Minerals division, which also includes Tenova TAKRAF and Tenova Pyromet, now covers the mining industry value chain thus being an all-round supplier of innovative technological products with full process and commodity knowledge.
Tenova Mining & Minerals becomes a group generating annual revenues in excess of 1,1 billion US Dollars, employing 2.400 personnel and operating in 19 countries across 5 continents.
Tenova is a worldwide supplier of advanced technologies, products, and engineering services for the iron & steel and mining industries providing innovative, integrated solutions for complete process areas.