Sedgman, a CIMIC Group subsidiary, has acquired Novopro Projects Inc, a Canadian engineering and metallurgy firm that provides technical services and process equipment to projects in North America, Europe, Africa, the Middle East, and Australia.
The deal broadens Sedgman’s client service offering, from sustaining capital to substantial greenfield development, while also strengthening Sedgman’s increasing North American footprint and offering to customers, CIMIC said in a news release.
As part of the acquisition, Novopro will be renamed Sedgman Novopro and will operate as part of Sedgman throughout North America.
In particular, Novopro’s key business and specialisation is project development and operational optimisation in minerals processing for lithium projects, as well as potash, salt, magnesium, and soda ash projects.
With this expertise in lithium processing technology, Sedgman obtains access to prospects in this booming sector, which is seeing a surge in demand for batteries and electric cars.
CIMIC Group Executive Chairman, Juan Santamaria, expressed his delight at the acquisition, stating that he is pleased to welcome Sedgman Novopro to the group.
“As a specialist in developing, engineering, and managing projects in metallurgy, mining, and mineral processing, Sedgman Novopro will further diversify the services we provide to clients in North America, a key growth market for Sedgman, and to the rest of the world,” Santamaria explained.
Sedgman Managing Director Grant Fraser stated that the addition of Novopro to Sedgman will enable the latter to broaden its clientele while enhancing its current capabilities.
Meanwhile, Novopro Managing Director, Mazi Rejaee, said: “In Sedgman, we are pleased to find a strategic partner that complements our current services, expands our capability and offers new opportunities to our personnel and our clients.”
Sedgman and Novopro said it will go through a transition period focusing on customer service continuity.
