Global engineering, project delivery
SENET is one of the leading project management and engineering firms in the field of mineral processing in Africa and
SENET has also delivered projects in the Middle East, Asia, Europe and South
DRA supports companies in the resources sector to achieve their goals by providing optimal solutions tailored to meet individual client needs throughout the full project lifecycle. The combined DRA and SENET will have in excess of 3,000 employees in Africa, making the combined business one of the largest project delivery and operations management businesses on the continent, further enhancing the group’s ability to effectively compete on the global stage.
The complimentary merger significantly strengthens the combined service offering across mining and minerals processing, project delivery (EPC and EPCM), operational readiness and full operations and maintenance services in Africa, providing a compelling value proposition to mining clients of all sizes with assets in Africa.
The merger with SENET continues DRA’s expansion over the last five years, which has included organic and non-organic growth in North America
“It is our intention to enhance our delivery to clients through this merger and, as such, current and future projects will benefit from the strength SENET brings to the Group. We envisage that the companies will retain brand autonomy and operational independence, while leveraging value enhancing capabilities.
“Although our team of professionals continues to grow, our purpose remains the same – to create tangible value for clients through excellence in project delivery, asset
“The merger of our two companies just makes good business sense, and we are excited by the prospects and many benefits for the industry at large. “The similar corporate cultures, synergies
The merger transaction is conditional on a number of customary conditions precedent, including regulatory approval, and is expected to complete towards the end of Q1 2019.