KKR-owned Bis Industries acquires Powertrans for $27m
KKR-held Australian mining logistics company Bis Industries is to acquire mining haulage systems operator Powertrans for A$30 million ($27.46 million).
The effective purchase price is A$20 million, plus an additional A$10 million for inventory and work-in-production, which is expected to be utilised within the operations of Bis or otherwise monetised...
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