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Driconeq AB acquires Anceriz Industries in South Africa

Swedish based Driconeq AB, the world’s leading producer of mining and construction drilling equipment, today acquired Anceriz Industries (Pty) Ltd, a prominent South African developer and manufacturer of reverse circulation mining drilling products.

 

Founded in 1986 and based in Johannesburg, South Africa, Anceriz Industries supplies drilling consumables throughout Africa. It has a staff complement of 30.

 

The acquisition represents a significant step in Driconeq’s continuing expansion strategy in the areas of mining and construction. The combination of Driconeq and Anceriz creates an industry-leading, global mining concern with best-in-class products and a highly effective distribution platform for drilling consumables utilised for in-the-hole and rotary operations

 

“We look forward to giving our customers in Africa an even higher level of service, to ensure their competiveness. As a partner, we can offer them essential support in their daily business,” says Mats Blacker, CEO of Driconeq. “The acquisition of Anceriz – known for its excellent product knowledge, attention to detail and customer satisfaction – reaffirms Driconeq’s commitment to meeting client demands by offering complete solutions with world-class products for DTH (down-the-hole) and rotary drilling applications.”

 

“Driconeq has a track record of offering safer, superior products. It’s a very important part of our business plan to enhance our portfolio with a wider range of competent products. Add to this exceptional technology; broader channels; and Driconeq’s personalised, professional and timely service, and we have no doubt that we are the only service provider in this category that successfully meets all of our customer’s mining and construction needs,” concludes Blacker.

 

For more information, please contact.

Mats Blacker, CEO, Driconeq

Tel. +46 565 121 10, E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

DRICONEQ AB Box 325, S-686 26 Sunne, SWEDEN

www.driconeq.com

Tel: +46 565 121 10

About Driconeq

Driconeq is one of the world’s leading producers of drilling components for the mining and construction industries. The company focuses on high quality and excellent customer service. Driconeq was formed in 1995 but the company’s innovation is anchored in knowledge and experience built up over decades of research and development in the Swedish mining industry. Driconeq has around 100 employees, production facilities in Sweden and South Africa, and sales offices in North and South America.

 

Driconeq’s customers are primarily mining, construction, geochemical and water well drillers on the global market.

 

Driconeq is owned by Axcel, one of the leading private equity firms in the Nordic region with a total committed capital of approximately DKK 10bn through four private equity funds. Axcel’s investments currently comprise 14 companies with an overall turnover of DKK 16,4bn and 12,000 employees. For more information about Axcel, visit www.axcek.de