SSAB signed an agreement to acquire 51% of the shares of G&G Mining Fabrication in Perth, Western Australia. The company specialises in the refurbishment, manufacture and design of large fabrications for heavy earth moving equipment, with focus on backhoe, loader and face shovel buckets and service modules for the West Australian mining industry.
The investment represents a significant advancement of SSAB’s strategy to grow its presence in the aftermarket for wear parts and service and develop SSAB’s customer offering. “With this acquisition, SSAB takes one further step towards becoming a leading player in the large mining aftermarket in Western Australia. We can now offer products, wear parts and services directly to mining end-users. We are very pleased to join forces with G&G”, says Claes Löwgren, director, Wear Services, SSAB APAC.
“The joint development of more efficient mining buckets, using innovative designs and wear materials such as Hardox wear plate is a good example of how we will combine our strengths to deliver strong solutions to the mining industry”, says G&G CEO Richard Ladny. By combining G&G’s end-user knowhow and its strengths in refurbishment, design and fabrication of mining earthmoving equipment with SSAB’s wear and material knowledge, G&G will become an even stronger player offering a competitive range of products and services.
