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Amdel Acquires IML

Date: 16th April 2007

Amdel, one of Australia’s leading laboratory services companies, has continued its aggressive expansion plans in the booming WA minerals market with the acquisition of Perth based IML (Independent Metallurgical Laboratories).

Amdel has been in the stable of leading private equity firm Champ Ventures since Dec 2005 when Champ assisted Amdel management in an MBO from Healthscope.

Amdel has operations across Australia, providing geo analytical and minerals processing laboratory support to the entire mining sector.

The acquisition of the metallurgical based IML will further strengthen Amdel’s provision of quality mineral processing services across all mining commodity markets.

Amdel CEO Steve McAllister believes “the acquisition of IML will enable us to meet the ever increasing demands of clients for a single laboratory to satisfy their entire mineral analysis requirements, from exploration to mineral processing.”

“Customers are demanding reliable, high quality laboratory results within an agreed timeframe and the integration of IML into the Amdel family will provide a complete service package for existing and new clients.”

Amdel is a provider of laboratory services to a diversified range of markets in Australia and New Zealand including the high growth mining, environmental and petroleum sectors. Amdel’s clients include blue chips BHPB, Xstrata and One Steel.

 
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