Novo Tellus Completes Buyout of Russell Mineral Equipment with Partners
Novo Tellus, an investment firm focused on industrial and tech companies, completed a buyout of Russell Mineral Equipment (RME) alongside Resource Capital Funds (RCF) and the National Reconstruction Fund Corporation (NRFC). This marks Novo Tellus' first investment in Australia. RME is a global leader in mill relining systems for mining operations.
Topics: industrial equipment mining technology private equity investment