A Priner has acquired a 60% stake in SEMEP to bolster its presence in Brazil's mining services sector.
Target Information
On October 16, A Priner successfully acquired a 60% stake in SEMEP, following the fulfillment of all applicable preconditions related to the transaction. Founded in 1990, SEMEP has established itself as a national leader in intralogistics solutions, earthmoving, and mining operations. The company is renowned for its excellence in mining operations across Brazil, showcasing advanced strategies and technology in its processes.
This acquisition signifies a pivotal move for A Priner, as it marks the establishment of a business unit focused on 'Mining Operations', further consolidating their status as a key player in specialized mining services.
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Industry Overview
The mining industry in Brazil is a critical component of the country’s economy, contributing significantly to its GDP and employment. With diverse minerals su
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A Priner
invested in
SEMEP
in
in a Strategic Partnership deal