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AARD Mining Equipment

AARD Mining Equipment
M&A STATUS
201-300 EMPLOYEES
M&A LATEST DEAL TYPE
2 FINANCING ROUNDS
Description

Manufacturer, distributor and designer of hydraulic rock drilling equipment for underground mining in sub-Saharan Africa. The company's trackless mobile mining machinery (TM3) is used on base metals, precious metals, coal and diamond mines featuring hydraulic release brakes, optional monitor to increase operator's visibility during operations, door interlocks, purifier with catalytic converters, valve blocks and air, hydraulic and transmission filter change indicators, to complement drilling, blasting, loading and support operations in both low profile and standard height mechanized underground mines.

Formerly Known As
Mining Capital Equipment
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Primary Industry
Oil and Gas Equipment
Parent Company
Jacobs Matasis
Primary Office
  • 44 Jacobs Street, Chamdor
  • Krugersdorp, Gauteng 1729
  • South Africa

+27 011 000 0000

AARD Mining Equipment Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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AARD Mining Equipment Former Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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AARD Mining Equipment Executive Team (3)

Name Title Board
Seat
Contact
Info
Basil Govinden Chief Financial Officer
Paul Arokiam Financial Director

1 Former Executive

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AARD Mining Equipment Board Members (3)

Name Representing Role Since Contact
Info
00000 000000 Self Board Member 000 0000
0000000 000000000 Self Board Member 000 0000
00000 0000000 Self Board Member 000 0000