Redpath (Australia) Holdings Pty Ltd (Redpath), a wholly owned subsidiary of Redpath Mining Inc., has signed a share purchase agreement to acquire RUC Mining Contractors Pty Ltd (RUC).
Pending regulatory approvals, we expect the agreement to be completed and for RUC to officially become part of Redpath by June 2024.
Current projects will continue business as usual. Redpath and RUC are committed to ensuring there are no disruptions to operations throughout the agreement process and safety remains our number one priority as we work through the process.
Who is Redpath Mining Inc. (Redpath)?
The Redpath Group was founded in 1962 in Quebec, Canada. Today, its 6000+ employees service the global mining industry, and its company motto ‘Safety – First, Last and Always’ is as alive today as it was when the company first began.
Redpath established its first office in Australia in the 1980s, and today has offices in Brisbane and Perth. Its mechanical excavation, metalliferous and raise drilling divisions provide underground mining and civil-infrastructure services throughout Australia and the Asia-Pacific region.
Redpath Inc is majority-owned by ATON, a global investment company with a long-term approach to sustainable and profitable growth, with particular interest in the engineering, mining, medical technology and aviation sectors. ATON invests in companies that stand out for their innovation and market leadership in their industry or core business.
