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Codan sells its subsidiary Minetec to Caterpillar for A$18 million

Adelaide-based technology company Codan Limited has agreed to sell its wholly-owned subsidiary Minetec to Caterpillar Holdings Australia for approximately A$18 million and a volume-based...
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.