Omaha-based HDR has acquired Salva Resources, a global provider of technical and commercial advice to mining and investment firms.
Salva Resources, which now will be doing business as HDR/Salva, employs more than 200 people in Australia, India, Indonesia, Mongolia and the United Kingdom.
Financial terms of the purchase were not disclosed. The deal includes both Salva Resources' exploration and mining consultant team and the Salva Reports commodity analysis group.
“Mining is a strong, long-term, global market,” said Eric Keen, president of HDR Engineering, Inc. “HDR and Salva joining together expands our service offerings to clients, expands our global presence and deepens our presence in the mining industry.”
Keen said HDR wanted to further diversify its client base and strengthen services geographically and in strong markets.
Lachlan Broadfoot of Salva said in a press release that the arrangement also solidifies Salva's growth plan.
“This acquisition recognizes Australia being at the forefront of providing world-class mining capabilities,” said Broadfoot, who has joined HDR as a mining sector director.
Lindsay Crutch joins HDR as HDR/Salva operations director. Both will work closely with David Bell, HDR's managing director in Australia. HDR's other Australian operations include HDR/DKS, which joined HDR in July 2012.
HDR is an 8,000-employee firm that provides worldwide architecture, engineering and construction services through its various operating companies.
Keen said HDR and Salva began to pursue work together in Australia and soon recognized the benefit of joining forces. That led, he said, to the acquisition.
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