Mining services, News, OEMS

Thiess celebrates 90 years of operations

Thiess has waived all remaining conditions in its takeover offer for MACA, providing its shareholders with cash consideration certainty.

Major mining services provider Thiess has marked 90 years of working in the open-cut and underground mining sectors around the world.

Thiess, then known as Thiess Bros, was originally a small farming and roadworks company that began operating in rural Australia on April 16, 1934.

Now in 2024, the company has expanded across seven countries and three continents, truly making it an international mining services company at the forefront of sustainable mining and infrastructure services. Based in Brisbane, Thiess currently has more than 15,000 employees.

Throughout its 90 years of operations, Thiess said it has challenged norms, created opportunities from change, and has always moved forward.

Thiess Group executive chair and chief executive officer Michael Wright reflected on the company’s achievements since its inception.

“Since 1934, Thiess has remained focused on delivering great value to our clients, continually improving and evolving, driven by our pioneering spirit to pursue new opportunities across industries and geographies,” Wright said. “In the 1930s, we used innovative thinking and technical skills in earthworks and equipment to build a business.

“Along the way, we were one of the first Australian companies to go into Papua New Guinea, Indonesia, and Asia more broadly. Today we continue to grow into new regions, expanding our services and jurisdictions, and positioning Thiess for the future.

“We will continue to transform our business and leverage our founders’ pioneering spirit to innovate sustainable solutions for a brighter tomorrow, for our people, our clients and communities.”

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