NRW closes $200M Fredon acquisition

MANAGEMENT

Contractor also ups FY26 revenue forecast to more than $4 billion

Fredon CEO Scott Olsen (left), NRW CEO Jules Pemberton, and Fredon’s major shareholder and former chairman Alan Lipman.

Fredon CEO Scott Olsen (left), NRW CEO Jules Pemberton, and Fredon’s major shareholder and former chairman Alan Lipman. | Credits: Fredon Industries

NRW Holdings has completed its acquisition of Fredon Industries, which is expected to drive a substantial uptick in earnings for the 2026 financial year. The contractor announced the deal at the start…

Get the Mining Monthly Newsletter delivered free each day

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions

editions

editions