MST buys Nixon Communications
Staff reporter, 15 December 2011
MINE communications specialist Mine Site Technologies, which won the backing of Macquarie Capital earlier this year, has acquired Queensland-based Nixon Communications for an undisclosed sum.
Nixon was started by Gladstone businessman John Nixon in the northern Queensland industrial city back in 1977 and today claims to employ about 70 people. The founder will stay on “for at least 18 months” as an adviser and consultant with MST.
MST has deployed its mine communications technology and products at more than 500 mines around the world. CEO Lloyd Zenari said MST and Nixon shared a “long commitment to the mining and adjacent sectors, developing fit‐for‐purpose services and products”. Nixon was a network and communications infrastructure provider to the mining, oil and gas, remote construction and coal seam gas sectors.
“Nixons will continue to operate under its current name and retain its current autonomy, entrepreneurial character and flexibility, but now also benefits from the resources and critical mass of the expanded group, able to scale up for our customers without compromising responsiveness and service,” Zenari said.
MST would continue to pursue its growth strategy both organically and through acquisitions.
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