The Shannon-based Mincon Group has raised €50m as part of its flotation further to joining the Enterprise Securities Market of the Irish Stock Exchange (ISE).
Mincon specialises in the design, manufacture, sales and servicing of rock drilling consumable tools and related products.
With a current market capitalisation of €180m, Mincon has manufacturing facilities in Ireland, the US and Australia. The company also maintains an established network of sales and distribution companies in a number of international markets to provide after sales support and service to customers.
- Mincon: Irish firm that helped free Chilean miners to float on stock exchange (independent.ie)
- Purcells’ Mincon stake could be valued at €120m (independent.ie)
- Mincon seeks to raise €50m from stock market flotation (irishtimes.com)