Mincon Group (MCON.I, MIO ID)

  • 104.1
  • 212.5
  • 34.8

    Closing Price (c): 49.0

  • RATING 14/02/14


Company Profile

Mincon is an Ireland-based engineering business that manufactures industrial drill-bits and hammers for a range of industries, including the mining and geothermal markets. The business sells its products to more than 500 customers in over 60 countries. It has an experienced management team, has grown rapidly in recent years, while generating returns of over 20%, and is currently executing the next phase of its development. We believe that this will involve both organic growth and complementary acquisitions.

Major Shareholders%
Purcell Family56.3
Setanta Asset Management Ltd.13.0
Fidelity Management & Res. Co.10.0
Investmentaktiengesellschaft TGV8.8
HC Capital Advisors GmbH0.6