Mine Site Technologies acquires Nixon Communications

- Publishing Date
- 03 Jan 2012 5:02pm GMT
- Author
- Mining Magazine
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Mining communications solutions provider Mine Site Technologies, a subsidiary of MST Global Holdings, has acquired 100% of the share capital of Nixon Communications, a network and communications infrastructure provider to the mining, oil and gas, remote construction and coal seam gas sectors.
In planning to build the business further from a strongly growing base, MST raised growth capital from Macquarie Capital earlier this year, researching companies and technologies that could contribute to its growth. Nixons will retain its branding and management team, and will become a key part of MST’s Australian field operations.
Lloyd Zenari, CEO of MST, said: “The fit is excellent in a number of key areas. Both MST and Nixons have a very strong safety focus, with field teams looking out for each others’ safety onsite in remote, often hazardous and difficult locations. The two businesses have very little overlap in their product set and customer base.”
John Nixon, founder and managing director of Nixons, added: “Nixons will benefit from MST’s underground mining communications strengths and international market leadership in that sector, while we will contribute our leading experience and expertise in surface mining and pipeline communications to MST’s customers both in Australia and internationally. We look forward to starting to work together to develop business and opportunities.”
In planning to build the business further from a strongly growing base, MST raised growth capital from Macquarie Capital earlier this year, researching companies and technologies that could contribute to its growth. Nixons will retain its branding and management team, and will become a key part of MST’s Australian field operations.
Lloyd Zenari, CEO of MST, said: “The fit is excellent in a number of key areas. Both MST and Nixons have a very strong safety focus, with field teams looking out for each others’ safety onsite in remote, often hazardous and difficult locations. The two businesses have very little overlap in their product set and customer base.”
John Nixon, founder and managing director of Nixons, added: “Nixons will benefit from MST’s underground mining communications strengths and international market leadership in that sector, while we will contribute our leading experience and expertise in surface mining and pipeline communications to MST’s customers both in Australia and internationally. We look forward to starting to work together to develop business and opportunities.”
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