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Bateman Engineering to acquire the Biox Group

Netherlands-based mining construction company Bateman Engineering NV has entered into a conditional agreement to acquire the Biox technology business from the Gold Fields Group for a net cash consideration of USD 8.84 million.

As part of the transaction Bateman will be acquiring Biomin Technologies SA ("Biomin"), a Swiss registered entity, holder of the material relevant intellectual property, patents and trademarks as well as the majority of the licence agreements.



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