Tenova confirmed the successful demerger of its EPCM business operations known as Bateman Projects, based in South Africa. Swiss-based SGS acquired these assets from Tenova. Tenova will further develop its activities in the mining and minerals industry by focusing on the equipment and process technology sector through Takraf and Delkor, both worldwide recognized partners for the industry with strong market positions.
Bateman provides process plant design and engineering, project management and commissioning, and optimizations services for mineral processing plants and a variety of minerals including gold, iron ore, copper, uranium and coal. The Bateman modular process plant business and expertise will form part of this transaction. The transaction is subject to the approval by the South African Competition Commission and is expected to close within the next few weeks.
Based in Johannesburg and active throughout South Africa, Sub Saharan Africa, as well as providing specialized project services in many other parts of the world, the business employs 250 experts and staff.