MineTech International

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MineTech International - overview

Location

-, Gloucestershire, UK

Primary Industry

Defence

About

MineTech International specializes in providing innovative solutions and technology for the mining industry, focusing on enhancing operational efficiency and safety throughout the mining process. MineTech International develops advanced technologies for the mining sector, emphasizing safety and efficiency. The company was acquired in December 2012 by Dynasafe Area Clearance Group from MML Capital Partners and Exploration Logistics Group Plc. The firm operates out of the UK.


MineTech International offers a range of specialized services and technologies aimed at improving mining operations. Their core offerings include advanced mining solutions designed to enhance efficiency, safety, and environmental sustainability in various mining projects. The company targets a wide array of clients in the mining industry, including multinational corporations and regional operators across multiple geographies. In 2023, MineTech International reported a revenue of USD 50.


13 mn and an EBITDA of USD 5. 14 mn, reflecting their operational performance and financial stability. MineTech International's future growth strategy includes launching new technologies aimed at further optimizing mining operations. The company is targeting expansion into emerging markets in Asia-Pacific and South America by 2025.


The recent acquisition by Dynasafe Area Clearance Group will support these initiatives by leveraging additional resources and expertise to enhance their product offerings.


Current Investors

Dynasafe International AB

Primary Industry

Defence

Sub Industries

Defence

Website

www.minetech.co.uk

Company Stage

Add-on

Total Amount Raised

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MineTech International - timeline of key events

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MineTech International - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
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