Mining and explosives solutions provider BME – a subsidiary of Omnia Holdings – has signed a conditional sale and purchase of shares agreement (CSPA) with Multi Nitrotama Kimia (MNK), an Indonesian provider of explosives and blasting services. The two companies will form a joint venture (JV), which will provide BME and MNK with enhanced opportunity for growth and expansion in one of the largest global mining markets. Combining BME’s technology and innovative products and systems with MNK’s local networks, experience and resources, will create a highly differentiated and integrated offering with an expanded suite of products and services for both surface and underground mines, BME states.
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