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Corporation
ENERGY & UTILITIES
simec.com

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Portfolio Exits

2

About SIMEC

SIMEC Group is an international energy and natural resources business focused on resources, sustainable power as well as infrastructure and commodities trading.

SIMEC Headquarter Location

7 Hertfort Street

London, England, W1J 7RH,

United Kingdom

+44-0-203-205-8550

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SIMEC Web Traffic

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Page Views per Million (PVPM)
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SIMEC Rank

Latest SIMEC News

Pellet plant maintenance kicks off

Nov 2, 2021

SIMEC Mining is undertaking maintenance of its pelletising plant from this weekend. In a statement, SIMEC said the work was aimed at improving the performance and reliability of the plant, and would commence at 7am on Sunday, 7 November 2021 and is expected to take seven days to complete. The work, involving 150 contractors and employees, will allow maintenance to be undertaken on the filter plant and thickener which can only be completed every two years due to links with the Iron Duke mine. "This is part of ongoing investment in magnetite ore processing, delivering improved plant reliability, efficiency, and production performance, with several associated environmental benefits including reducing dust within the plant. "While the work will significantly improve the performance of the plant over the longer term, the shutdown may also result in: Short term increased emissions from the pelletising plant when it first shuts down and again on restart - close controls are being put in place and will be carefully managed. The potential for an increase in noise from mobile equipment and abrasive blasting processes, including at night. Additional traffic and vehicle parking in the McBryde Terrace area due to additional workers being onsite. "As always, SIMEC Mining is committed to working with residents to minimise impacts on the community from its operations and appreciates feedback to assist in our continual improvement." "If you would like any further information or have any feedback or concerns regarding any aspect of our operations, then please contact our Community and Stakeholder Engagement Advisor, Denise Sharp, on 0447 039 358 or 8640 4418."

SIMEC Portfolio Exits

2 Portfolio Exits

SIMEC has 2 portfolio exits. Their latest portfolio exit was Green Highland Renewables on November 26, 2018.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

11/26/2018

Acquired - II

1

00/00/0000

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10

Date

11/26/2018

00/00/0000

Exit

Acquired - II

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Companies

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Valuation

Acquirer

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Sources

1

10

SIMEC Acquisitions

3 Acquisitions

SIMEC acquired 3 companies. Their latest acquisition was Fleetsolve on October 24, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/24/2019

Acquired

1

12/6/2017

Acquired

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$99M

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10

12/22/2016

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$991

$99M

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10

Date

10/24/2019

12/6/2017

12/22/2016

Investment Stage

Acquired

Companies

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Valuation

$991

Total Funding

$99M

$99M

Note

Acquired

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Sources

1

10

10

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