LaserBond to expand operations

DIRECTORS from reclamation and service engineering company LaserBond, have announced the company has entered into a Share Sale Deed for the acquisition of Peachey’s Engineering located in Gladstone, Queensland.

DIRECTORS from reclamation and service engineering company LaserBond, have announced the company has entered into a Share Sale Deed for the acquisition of Peachey’s Engineering located in Gladstone, Queensland.

Peachey’s has been operating since 1981 and according to LaserBond’s directors, this acquisition represents the next step in the company’s plan for expansion into strategic markets and locations, particularly where infrastructure support services to the mining and materials processing industries aligns with the company’s technology offerings.

Settlement of the transaction is anticipated in late November 2008.