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SITA sees golden opportunity for growth

11/04/2014

SITA today announced the acquisition of M.A.I.L.S (Mining & Industrial Labour Services Pty Ltd) from founding shareholders Graham Lynch and Dave Hughes.

M.A.I.L.S. is a leading industrial and waste services business located in Kalgoorlie, Western Australia, predominantly servicing gold mine sites throughout the Goldfields region. M.A.I.L.S services include industrial cleaning and the associated collection, transportation and disposal of liquid waste.

SITA is one of Australia’s leading waste management and recycling companies, with over 2,100 employees and contractors, 850 collection vehicles and 100 locations across Australia. SITA currently services 17 mines with extensive capabilities in the Bowen Basin in central Queensland and across the Hunter Valley in New South Wales and Western Australia

The merger sees 15 M.A.I.L.S employees join SITA. Founding shareholder Graham Lynch will remain with the business and join SITA in the position of Mining Services Manager while Dave Hughes enters into retirement.

SITA intends to invest in the next phase of M.A.I.L.S growth and believes the combination of the two companies will boost the company’s integrated service offering to mining companies in the Goldfields region.

SITA’s State General Manager for Western Australia, Nial Stock, said: “SITA already provides waste management services to a wide variety of mining operations in Western Australia and together with the local M.A.I.L.S team we plan to invest in, grow and develop the company’s existing operations to deliver integrated services for our customers.”

Managing Director of SITA, Eric Gernath, added: “The acquisition is in line with SITA’s strategy of targeting continued growth within the mining and resources sector.”

The value of the transaction has not been disclosed.

CONTACT: Elizabeth Kelleher, Corporate Affairs Advisor, SITA on 0427 471 403

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