Emeco confirms discussions with potential buyers

Australian mining machinery rental company Emeco said it had been in discussions with potential acquirers following the receipt of several unsolicited enquiries. Its stock exchange statement followed a report in The Australian newspaper.

Emeco, which is the largest mining equipment rental business in the world, said; “at this time, no party has put forward a proposal which warrants being progressed to a binding proposal. Emeco will keep shareholders informed of any material developments as appropriate.”

Emeco recently announced revenue growth of 7% to A$785 million (€442 million) for its financial year 2025, with operating EBITDA margin up from 34% to 38%.