Dynamic Group Holdings Ltd. engages in the provision of drilling and blasting services for resource extraction. The company is headquartered in Bayswater, Victoria. The firm operates through two wholly owned subsidiaries: Dynamic Drill & Blast Pty Ltd (Dynamic) and Orlando Drilling Pty Ltd (Orlando). Dynamic is a supplier of drilling and blasting services to clients in the mining and construction sectors in Western Australia. Dynamic focuses on mining and construction projects within a range of commodity sectors, including iron ore, nickel, lithium and gold. Orlando is a Western Australian based company providing grade control, exploration and resource definition drilling services to the mining industry, utilizing its fleet of Air-Core (AC), Reverse Circulation (RC) and diamond drill rigs. Its project pipeline is based around medium to long term contracts. The company also undertakes short term specialized drilling and blasting projects.
Dynamic Group Holdings (ASX: DDB)
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Dynamic Group acquires Airwell Flow Testing for $2m as revenue continues to rise
January 17, 2024
Mining company Dynamic Group (ASX: DDB) has entered into a binding agreement to acquire Airwell Flow Testing which is a division of the French fluids management company, Airwell Group. This strategic move is expected to reinforce Dynamic’s position in the water-well industry and tap into the burgeoning flow testing sector, known for its lower capital
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