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Highlights
SSH Group enters a binding agreement to acquire Total Contract Mining.
Leadership changes include COO and non-executive director appointments post-acquisition.
The acquisition aims to enhance SSH Group’s operational strength in mining services.
SSH Group Limited (ASX:SSH), a company operating within the mining services sector, has announced a strategic transaction involving the acquisition of Total Contract Mining. This development comes at a time when broader market indicators such as the ASX 200 reflect continued activity across the industrial and mining segments.
The agreement outlines that SSH Group will proceed with the acquisition of the privately held Total Contract Mining, an Australian firm with a focus on collaborating with junior and mid-tier mining companies. The acquired company is known for its capabilities in identifying, developing, and operating hard-rock mining projects across Western Australia.
This transaction aligns with SSH Group’s strategic focus on expanding its footprint in mining services, a key component of its broader industrial operations.
Details of the Agreement
The acquisition agreement has been formalised following a prior non-binding term sheet disclosed earlier. SSH Group has committed to fulfilling due diligence requirements and meeting conditions specified under the transaction framework.
Following completion, leadership changes are set to take place within SSH’s mining services vertical. Samuel Baker, the individual from whom Total Contract Mining is being acquired, is slated to become Chief Operating Officer of the mining services division. Additionally, Kevin Malaxos will take on the role of non-executive director, contributing further industry oversight and experience to the company’s board.
Operational Alignment and Strategic Direction
SSH Group’s Managing Director, Daniel Cowley-Cooper, remarked on the alignment between the acquisition and the company’s operational goals. The integration of Total Contract Mining is expected to bring in professionals with substantial experience in hard-rock mining projects, particularly within Western Australia.
The management appointments are positioned to reinforce SSH Group’s capabilities in service delivery across mining operations. This move also highlights the company’s commitment to strengthening its project execution capacity across the civil, construction, and mining industries.
Company and Sector Background
SSH Group operates a portfolio of businesses that provide industrial and labour hire services, primarily targeting the Australian mining, construction, and civil infrastructure sectors. The acquisition of Total Contract Mining supports SSH’s ongoing focus on scaling operations through targeted partnerships and strategic asset acquisitions.
With the ASX:SSH ticker reflecting its presence on the Australian Securities Exchange, the company continues to align itself with broader market developments observed in indexes like the ASX 200, which includes a wide range of mining and industrial entities.
Future Integration Steps
The transaction is scheduled for completion within the current quarter. Post-completion steps include organisational integration and operational alignment to ensure smooth transition and effective utilisation of acquired resources and talent.
While SSH Group remains active in scaling its operations, the completion of this acquisition marks a step in further strengthening its project delivery capacity across its mining services vertical.
