DRA Group is to buy the Forge Group North America companies, formerly known as Taggart Global. Following the acquisition, DRA’s Americas operations, including its existing Canadian business, will be consolidated with Taggart and conduct business as DRA Taggart.
The purchase was concluded with the full support of Taggart’s management, who will remain with the company and share an equity stake in the DRA Taggart business.
Growing in the coal preparation and coal handling markets
“We are excited to partner with Taggart and accelerate their growth in the worldwide coal preparation and material handling markets,” said Paul Thomson, CEO of the DRA Group. “We are particularly attracted to Taggart’s ability to build and operate pollution control systems, coal preparation plants, mineral load-out facilities and material handling facilities.”
"Our integration into the DRA Group provides us with a global platform from which we will both continue to serve our existing client base and also actively pursue opportunities to build and operate coal, metals and mineral processing and materials handling facilities for mining companies and utilities worldwide,” said Richard McCormick, CEO of DRA Taggart. “We are thrilled to be a part of DRA as we together pursue new opportunities in the mineral processing and power generation marketplace.”
Read the article online at: https://www.worldcoal.com/handling/31072014/dra-group-buys-coal-preparation-coal-handling-engineers-forge-group-north-america-taggart-global-coal1151/