November 19, 2020 |
Chilean explosives company Enaex said it has agreed to buy Downer Blasting Services, an Australian rock fragmentation services company, from Downer Group for AUD62 million ($45 million) in its second international acquisition this year.
Enaex, a subsidiary of the Chilean conglomerate Sidgo Koppers, said it expects the deal to close in March 2021, according to a press release.
Enaex CEO Juan Andrés Errázuriz said the acquisition will allow the company to take advantage of the "significant growth
Chilean company agrees to pay $45 mln for Downer Blasting Services in its latest international acquisition