Tenova acquires Bateman Engineering NV

The transaction is subject to the approval of the antitrust authorities. The Tenova Mining division now covers most of the mining industry value chain presenting itself to customers as an all-round supplier with innovative technological products and full process and commodity knowledge. Bateman Engineering (which includes Delkor group) joins Tenova TAKRAF and Tenova Pyromet, to form a group of Excellence in mining sector, with more than 1.1 billion dollars revenues and more than 2,400 people operating in 16 countries on 5 continents. “With this acquisition Tenova further broadens its portfolio of products in a market expected to grow constantly in the long term”, declared Gianluigi Nova, CEO of Tenova. “The Bateman acquisition will also strengthen Tenova’s global network of well rooted companies present in key markets and integrated in a flexible, customer-oriented organization.”