North American Construction Group (NACG) to Acquire Iron Mine Contracting (IMC)

Newmont Corporation to Acquire Newcrest Mining Limited

August 2, 2023

Oil & Gas

Newmont Corporation received Papua New Guinea Independent Consumer & Competition Commission (ICCC) clearance to proceed with its proposed acquisition of Newcrest Mining Limited. Newmont expects to close the transaction in the fourth quarter, following other regulatory approvals and continued engagement with relevant regulators and the Newcrest Board.

Commercial Contracting Corporation Acquires Industrial Maintenance Specialists

January 9, 2025

Industrial Services

Commercial Contracting Corporation (CCC), an employee-owned general contractor based in Auburn Hills, Michigan, has acquired Industrial Maintenance Specialists (IMS), a millwright and rigging contractor in Gas City, Indiana. The deal expands CCC's Indiana presence and adds specialized millwright and rigging capabilities to its self-performing services; prior owner Dan Soultz will support the transition.

Sedgman (CIMIC) Acquires Novopro Projects Inc.

July 6, 2023

Engineering Services

CIMIC Group company Sedgman has acquired Canadian engineering and metallurgy firm Novopro Projects Inc., which will be renamed Sedgman Novopro and operate as part of Sedgman in North America. The acquisition adds Novopro's lithium-processing and minerals-processing engineering expertise to Sedgman's capabilities and bolsters Sedgman's North American presence.

Alta Equipment Group Acquires Midwest Mine Services

November 18, 2021

Industrial Services

Alta Equipment Group Inc. agreed to acquire Midwest Mine Services LLC to expand its engineering and design capabilities within its construction business segment and broaden its aggregate-processing solutions across Alta's branch network. Midwest Mine Services, headquartered near Toledo (Northwood), Ohio, generated approximately $17 million in revenue and $1.3 million of adjusted EBITDA for the trailing twelve months ended July 2021; terms were not disclosed and the transaction was expected to close in Q4 2021.

Ichor Holdings Acquires IMG Companies

November 16, 2021

Manufacturing

Ichor Holdings, Ltd. (NASDAQ: ICHR) has entered into a merger agreement to acquire IMG Companies, LLC, a Livermore, California precision machining and surface-treatment business, for $270 million. The acquisition, financed with cash and incremental borrowing, expands Ichor's precision manufacturing capabilities and customer exposure into medical and aerospace markets and is expected to be accretive to earnings.

Agnico Eagle Mines Acquires TMAC Resources

January 5, 2021

Energy

Agnico Eagle Mines Limited agreed to acquire all outstanding common shares of TMAC Resources Inc. for C$2.20 per share, in a deal valuing the company at approximately C$286.6 million. The transaction, structured as a Plan of Arrangement, transfers control of TMAC’s Hope Bay gold assets to Agnico Eagle and includes the retirement of TMAC’s outstanding debt, with closing subject to customary regulatory and court approvals.