CR (and American Industrial Partners) and Keech Castings have today announced they have entered into an agreement under which CR will acquire Keech’s underground business (Underground Ground Engagement Tools, “UGET”) including customer contracts, mining products and all associated Intellectual Property. The acquisition includes Keech’s UGET WearPact™, ArmourBlade & new SNRG™ product lines.
The acquisition is a strategic move by CR to create a complete GET technology offering for both Open-cut and Underground mining activities.
CR CEO John Barbagallo said the asset purchase would allow CR to broaden its suite of technology driven products and solutions to customers across the globe.
“Keech has a very strong reputation in Underground Mining as a supplier of innovative and well-engineered Underground products which will be additive and highly complementary to CR’s range of innovative cast lip and GET technology.”
“The investment will broaden CR’s product offering, increase our technology and solutions footprint, and enhance our customer outcomes.”
Based in Bendigo, Victoria, Keech Castings have a proud history spanning 86 years in manufacturing and developing high-quality mining equipment components.
CR is a global IP, engineering, software, and manufacturing company, delivering innovative, Technology Defining Productivity to mining operations around the world.
CR operates dual headquarters in the USA and Australia, plus manufacturing facilities spread throughout Australia and China, and a Global Technology Centre located in Queensland, Australia. CR is a collaborative partner with the world’s best miners, delivering solutions that improve mining productivity, asset availability, and safety.
Kristy Boyce, CR Marketing Communications Manager