News

FERO QLD - CHRISTMAS PERIOD – KEY DATES

The Fero Group (Qld) Pty Ltd would like to advise our closing dates during Christmas New Year period:

 

Offices will be closed from 12pm Friday 21 December 2018, to 7am 7th January 2019

 

On behalf of all employees at Fero Group (Qld) Pty Ltd, we would like to take this opportunity to thank you for your business, and wish you and your staff a very Merry Christmas, and a prosperous New Year in 2019.
Please liaise with your account representative for any special arrangements, or for any general enquiries.

 

 

Yours faithfully,

 

 

Management & Staff

FERO GROUP OF COMPANIES

 

DSI & FERO STRATA - CHRISTMAS PERIOD – KEY DATES

Dear Valued Customer,

 

RE: CHRISTMAS PERIOD – KEY DATES

 

The DSI and Fero Group at Kewdale would like to advise you of the activity during Christmas / New Year period:

 

Offices will be closed from 21 December 2018 at 12:00 returning on the 7 January 2019


Production will continue to receive and despatch limited deliveries throughout the following periods

 

27th December to 28th December 2018 and

2nd January to 4th January 2019

Contact number during the above dates will be 08 9453 0054

 

We trust by providing you with notice, this will allow you to pre-arrange orders required before, during and immediately following the closure period.

 

There will be a skeleton crew during the closure to accommodate special requests. Please liaise with your account representative to arrange any special arrangements, or for general enquiries.

 

On behalf of all employees at Fero and DSI , we wish you a safe and happy holiday period.

 

 

Yours faithfully,

 

Sales Team

DSI and FERO GROUP

 

FERO REINFORCING - CHRISTMAS PERIOD – KEY DATES

Dear Valued Customer,

 

RE: CHRISTMAS PERIOD – KEY DATES

 

The DSI and Fero Group at Kewdale would like to advise you of the activity during Christmas / New Year period:

 

Offices will be closed from 21 December 2018 at 12:00 returning on the 7 January 2019


Production will continue to receive and despatch limited deliveries throughout the following   periods


2nd January to 7th January 2019

Contact number during the above dates will be 08 9453 0000

 

We trust by providing you with notice, this will allow you to pre-arrange orders required before, during and immediately following the closure period.

 

There will be a skeleton crew during the closure to accommodate special requests. Please liaise with your account representative to arrange any special arrangements, or for general enquiries prior to this period.

 

On behalf of all employees at Fero, we wish you a safe and happy holiday period.

 

 

Yours faithfully,

 

Sales Team

FERO GROUP PTY LTD

   

DSI Underground Australia announces completion of the Fero Group acquisition

Newcastle, Australia - DSI Underground Australia is pleased to announce today the completion of the Fero Group (Fero) acquisition.

 

DSI Underground Australia manufactures and supplies high quality Australian-made strata reinforcement and ground support products essential to safety and efficiency in the underground mining, infrastructure and construction sectors.

 

As announced previously the acquisition of Fero will add galvanizing services and mesh manufacturing processes into DSI Underground Australia’s manufacturing capability, allowing us to better serve customers across Australia and the globe. Fero manufacturing operations in Perth and Brisbane will partner with DSI operations in Perth and Newcastle to provide a comprehensive manufacturing network to our markets which will allow increased capability to fulfil our customer’s expectations.

 

The acquisition will also allow DSI to invest further in innovation and developments to continue to drive efficiency and safety across the mining industry.

 

Fero Strata Systems mining business and products will ultimately be consolidated under the DSI Underground brand. This represents a further strategic step towards the vertical integration of all business activities of DSI Underground and strengthening its market presence. For our customers and business partners, DSI Undergrounds well-proven business approach will remain the same, with a strong focus on continuously improving our service and product offerings.

 

As well as the Fero ground support business providing DSI an enhanced offering to the underground sector, DSI is excited about the opportunities Fero’s galvanizing, paint and blast, and reinforcing business provide and are committed to growing this side of the businesses. DSI will continue to operate the Fero non-mining related businesses Fero Galvanising, Fero Blast and Fero Reinforcing and these businesses will continue to operate under the Fero brand.

 

Regional Chief Executive Officer, Derek Hird, states: “The addition of Fero’s galvanizing services and mesh manufacturing processes considerably strengthens our market presence in Australia and the globe. Through the enhanced manufacturing capabilities and extended ground support product range, the goal is to provide our customers with a superior service, meeting their expectations at home and abroad.

 

We are delighted to welcome all FERO employees to DSI Underground and look forward to a long-term, dedicated and successful relationship.”

 

Michael Reich, Group CEO of DSI Underground International states; “I would like to thank the Franco family for their ongoing support and commitment to the DSI underground business”

 

DSI Underground Australia announces intention to acquire Fero Group

Newcastle, Australia - DSI Underground Australia and Fero Group Pty Ltd (Fero) have signed an agreement under which DSI Underground Australia will acquire 100 per cent of privately owned Fero.

Employing 300 people, DSI Underground Australia is an Australian manufacturing success story. It supplies high quality Australian-made strata reinforcement and ground support products essential to safety and efficiency in the underground mining, infrastructure and construction sectors.

 

“The acquisition of Fero will add  galvanizing and mesh manufacturing processes into DSI Underground Australia’s manufacturing capability, allowing us to better serve customers, continue to invest in R&D, and increase exports to African and Asian mining services markets,” CEO of DSI Underground Australia, Mr Derek Hird, said.

 

The owners of Fero, the Franco family of Perth, have agreed to invest part of the sale proceeds into DSI Underground Australia’s parent company, DSI Underground Holdings S.a.r.l. and will become a shareholder in DSI Underground’s global mining business.

Michael Reich, Group CEO of DSI Underground, said the aim was to provide customers with a broader range of products, allow for continued R&D investment, and adapt to the digitalization of products and services.

“I am very pleased that the owners of Fero, the Franco family, will become shareholders in DSI Underground and that Fero’s Managing Director, Michael Franco, will continue to support DSI Underground at an operational level and as an advisor to the global DSI Underground Board. I look forward to welcoming Michael and the entire Fero team to DSI Underground.”

 

Fero’s Managing Director, Michael Franco, said the Franco family was extremely proud of the entire Fero team and the leading business it had built together.

 

“We now look forward to working closely with the DSI Underground team to support the continued growth of the combined businesses. Personally, I look forward to becoming part of the DSI Underground global team,” Mr Franco said.

 

Terms of the acquisition have not been disclosed and the transaction is conditional on regulatory approval.

 

Media contacts:

Nigel Kassulke or Jennifer Parker
Cannings Strategic Communications
P: + 61 2 8284 9990