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SDS takes over Normet Australia

SDS Corp has put some of the $16.5 million it raised earlier this week to immediate use with its $1.05 million acquisition of Normet Australia.

Michael Quinn

Normet Australia is the Australian distributor of mobile mining equipment produced by Normet Finland, with annual revenues of around $6 million and an average return on capital of 18.9%. SDS said the...

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