DRA expands its footprint in Asia-Pacific via acquisition of Minnovo
Global engineering, project delivery and asset management group, DRA, has completed an Australian acquisition to advance its growth objectives in the Asia-Pacific region.
Engineering, project delivery and contract operations specialist, DRA, has achieved another major milestone in its international growth strategy with the execution of an agreement to acquire Minnovo, a Perth based engineering company. Minnovo will expand DRA’s growing Australian footprint and add further depth to DRA’s metallurgical, engineering, procurement, project management, construction and commissioning capabilities in Australia, as well as enhancing on-the-ground resources to clients in the APAC region.
Wray Carvelas, Chief Executive Officer of DRA said, “The acquisition of Minnovo will add key resources and experience to DRA’s Australian capabilities and will enhance the Group’s overall strength in the design and construction of processing facilities across a wide range of minerals including ferrous metals, precious metals, base metals and industrial minerals, along with the associated infrastructure requirements”
Greg McRostie, Managing Director of Minnovo added that “We are excited about combining the Minnovo and DRA capabilities in APAC and we are delighted to be joining the DRA team of 3,300 dedicated people across the globe.”
The acquisition is expected to be concluded in the first quarter of 2018.
DRA is a highly successful and credible diversified global engineering, project delivery and operations management group, with an impressive +30-year track record. Known for their collaborative approach and extensive experience in project origination and delivery, as well as turnkey operations and maintenance services, DRA delivers optimal solutions that are tailored to meet clients’ needs. With expertise in the areas of geology, mining, mineral & metals processing, water, energy, agricultural engineering and infrastructure, DRA delivers truly comprehensive solutions. With 20 global offices, DRA offers flexible engineering & operations management services worldwide.
Minnovo is an engineering services provider formed and managed by a group of experienced engineering professionals who have extensive and successful backgrounds in the design and construction of mineral processing facilities and their associated infrastructure requirements, across a wide range of mineral commodities and unit processes.
Christo Visser | Senior Vice President | DRA Pacific (Pty) Ltd |