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  6. ConeTec Acquires Geotech

M&A Deal Summary

ConeTec Acquires Geotech

On January 16, 2024, ConeTec acquired metals/mining company Geotech

Acquisition Highlights
  • This is ConeTec’s 1st transaction in the Metals/Mining sector.
  • This is ConeTec’s 1st transaction in Canada.
  • This is ConeTec’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2024-01-16
Target Geotech
Sector Metals/Mining
Buyer(s) ConeTec
Deal Type Add-on Acquisition
Advisor(s) ACT Capital Advisors (Financial)

Target

Geotech

Prince George, British Columbia, Canada
Geotech is a premier multi-discipline surface, marine, and underground drilling and testing company that provides its clients with safe and efficient, geotechnical, environmental, and mineral exploration services. It is active in markets throughout North America and has previously completed projects in South America, Africa, and Greenland. Geotech is based in Prince George, British Columbia.

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Buyer(S) 1

Buyer

ConeTec

Burnaby, British Columbia, Canada
Category Company
Sector Engineering
DESCRIPTION

ConeTec specializes in geotechnical, geoenvironmental, and geophysical site characterization and is a leader in site characterization services to the mining, renewable energy, infrastructure, power, construction, and environmental sectors worldwide. ConeTec is based in Burnaby, British Columbia.

DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2024 M&A 1 of 1
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