Manufacturing News

PPK sells site to make more mining acquisitions

PPK Group has sold its Arndell Park property to make more mining services acquisitions.

According to the company it sold the property for approximately $12.24 million.

The sale will be settled by mid-October this year.

“The proceeds from the sale will be used to fund a combination of further mining services focused acquisitions,” the company stated.

PPK acquired COALTRAM earlier this year.

Leave a Reply

Send this to a friend