Marcos Quiroz
EFIC Partners
Stracon S.A.
Deal Type
Acquisition
Sector
Energy & Sustainability
Completion Date
26th October 2018
Deal Value
Not disclosed
Company Background
Full-service mining contractor specializing in open-pit mines in Latin America. Majority owned by Ashmore Group.
Deal Summary
Efic Partners advised STRACON, S.A. on the acquisition of a 60% controlling stake in Dumas Holdings Inc. ("Dumas").
Since 1994, Dumas has evolved from a small French-Canadian owned boutique underground mining contractor to an international full-service underground mining contractor, focused on providing services to clients in Canada and Mexico. Daniel Dumas, founder of Dumas, will remain as shareholder of the remaining 40% of the company and as a member of the board of directors.
The acquisition combines STRACON’s market leading position as a full-service mining contractor specializing in open-pit mines in Latin America with Dumas’ leading underground capabilities, providing STRACON with increased access to the growing North American market.
Stracon S.A. deal contacts
Key members of the EFIC Partners deal team crucial in the Stracon S.A. transaction
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