Drillman Lifts Exploration Profile
Written on the 13 January 2021 by Drillman
Australian drilling company Drillman has acquired the Global Exploration Business from Sandvik Mining and Rock Technology, in a deal that includes exploration rigs, consumables and production stocks, along with selected trademarks and patents. A subsidiary of M Group Co a group of entities providing end-to-end solutions for clients working in the construction, mining, and infrastructure sectors Drillman is the arm delivering leading drilling equipment.
M Group of Companies chief executive Harry Mostert said Drillman was excited by the new growth chapter and looked forward to collaborating with the mining services giant Sandvik throughout the transition, which is set to finalise in May this year. "The acquisition forms part of our long-term strategy to expand our international footprint and we are eager to introduce our passion for the mining and exploration business into the global market," he said. Sandvik Mining and Rock Technology president Henrik Ager said the exploration business had found a good home in Drillman, "who will support in the further development of its operations and performance".
From humble beginnings in 2013, Drillman was founded after recognising a gap in the drilling industry for customised manufacturing and servicing of drilling equipment. Now it's an expanding exploration and drilling company, focused on innovation, research and development and customer requirements, turning concepts into reality through its fully customised solutions and extensive design-build process.
Drillman is 100% Australian owned and operated and provides engineering and rig equipment support to drilling sectors including geotechnical, mineral exploration, horizontal directional drilling and upstream gas drilling and workover rigs. In a boost for WA-based clients, Drillman also recently opened branches in Perth and Kalgoorlie, allowing customers to drop in and pick up exploration and drilling equipment.
"Our focus has always been customers it starts by having conversations to better understand what our customers really need," Mr Mostert said. "There is strong unmet demand from the market for personalised customer service, aftermarket support and the provision of the having the right stock in the right location."
The company's mission to provide intelligent design and reliability has led to the long-term goal of setting up innovation hubs at strategic locations around the world, allowing it to be closer to customers. "Innovation and research and development will continue to be priority with specific focus on, real time data analysis, automation, hands free operation," Mr Mostert said. "What starts as a concept ends in a 'fit for purpose' solution for our customers. We do this through research and development, being innovative and by applying technology and best in class design, build and service delivery to provide the right solutions."