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Mincon adds new acquisition, builds sales

Mincon (AIM: MCON) CEO Joe Purcell says the company has hit a €120 million (US$147 million) annual revenue run rate following its latest acquisition, of Sweden’s Driconeq. The Irish drilling products manufacturer this week reported €17.1 million net earnings on 2017 full-year sales of €97.4 million, up 28% on the previous 12 months.

Mincon adds new acquisition, builds sales Mincon adds new acquisition, builds sales Mincon adds new acquisition, builds sales Mincon adds new acquisition, builds sales Mincon adds new acquisition, builds sales

Ireland Mincon has acquired Swedish drill pipe manufacturer Driconeq

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