Rödl & Partner advises SMT Scharf on the acquisition of RDH Mining Equipment

Rödl & Partner advised the Hamm-based company SMT Scharf AG on the acquisition of the entire company shares of the Canadian mining specialist RDH Mining Equipment Ltd. based in Alban/Ontario. The purchasing price comprising cash and own shares amounted to about 5.2 million €. With regard to this acquisition, an international team of Rödl & Partner, specialized in this kind of transactions, provided SMT Scharf with comprehensive economic and legal advice. Rödl & Partner carried out Financial Due Diligence and accompanied SMT Scharf in their price and contract negotiations. The law offices Dale & Lessmann as well as Fritsch Laitar & Karac provided assistance and support in Canadian legal and tax issues, while the U.S. American Consultant Luis de Leon was involved in project initiation. For SMT Scharf as one of the worldwide leading providers of transport solutions and logistics systems below ground, the acquisition of RDH Mining Equipment is an important strategic milestone that confirms the mapped-out growth path.




Related articles:

Weir acquired CIS

Weir Group has confirmed the completed acquisition of Canadian wear parts and aftermarket maker and distributor Carriere Industrial Supply (CIS). CIS, which is joining the ESCO division, will...


Acquisition expands Metso’s offering to new customer segments and application areas

Metso’s acquisition of Canadian mobile crushing and screening equipment manufacturers McCloskey International was successfully completed on 1 October 2019, expanding Metso’s offering in the...

Issue 2017-07-08

Atlas Copco completes acquisition of Swedish mining intelligence business

Atlas Copco has completed the acquisition of part of Mobilaris MCE AB, a Sweden-based company that provides advanced software that optimizes underground mining operations. Atlas Copco has acquired...


Metso completes the acquisition of the Chinese steel foundry

Metso has completed the acquisition of the steel foundry in Quzhou City, Zheijang Province some 400 km Southwest of Shanghai. The target of the acquisition is to improve Metso's capabilities to supply...


Epiroc wins large order including battery machines and automation solutions for new mine in Canada

Epiroc, one of the leading productivity and sustainability partners for the mining and infrastructure industries, has won a large order for equipment, including battery-electric machines and...