Sev.en Global Investments broadens portfolio: Secures mining royalty rights in Queensland, strengthening its presence in the Australian market
May 4, 2023 - Sev.en Global Investments has completed the acquisition of two land parcels that contain mining royalty rights from Coca-Cola Europacific Partners. The land parcels cover parts of the Rolleston and Meteor Downs South coal mines in Queensland, Australia and contain area of almost 8 000 hectares.
Completion of the acquisition was approved by the Australian Foreign Investment Review Board, and Sev.en GI together with Coca-Cola Europacific Partners successfully completed the transaction at the end of April 2023.
Sev.en GI thus expands its global portfolio of mining royalty rights and strengthens its position in the Australian market, where it actively seeks investment opportunities across mining and power generation sectors. “This is already our third acquisition in a short period of time. It clearly demonstrates Sev.en GI’s credibility and flexibility as a buyer while offering owners timely exits as many seek to reduce their exposure to coal,” says Alan Svoboda, CEO Sev.en Global Investments.
Sev.en GI deploys family office private capital into special situations and alternative industries. This transaction represents the third significant investment in Australia that Sev.en GI has signed over the past eight months after the acquisition of Delta Electricity and Australia Salt Lake Potash. The group continues to search for further acquisition opportunities.
Alan Svoboda, CEO of Sev.en Global Investments on the transaction: “We see Australia as a priority region for our future growth. We are actively evaluating other opportunities in conventional power generation, steel production, metallurgical coal and thermal coal mining and mining of other natural resources. To that end we also opened last year our office in Sydney staffed by both local experts and our expats.”
After building sizeable portfolio of mining rights in the United States, Sev.en GI is excited to enter the royalties asset class in Australia. In North America it owns land and mining rights through Golden Eagle Land Company. In total, the portfolio spanning across four US states (Wyoming, Ohio, Illinois and West Virginia) covers over 22,200 hectares of land, as well as over 242 800 hectares of mineral rights, and ownership of over 2.2 billion tons of proven reserves of metallurgical and thermal coal.
About Sev.en Global Investments
Sev.en Global Investments is a Czech based family office investment group seeks out special opportunities where there may be a shortage of capital to sustain or expand operations, merchant risk exposure, or a need for financial or business restructuring.
Sev.en GI holds long-term investments across a range of sectors, particularly in the power generation and mining. The Group operates in 3 continents, including Europe, Australia and the United States. In Australia, the investment portfolio includes Delta Electricity, Australia Salt Lake Potash, and minority interests in the Millmerran and Callide power stations. In the United States, it is the majority owner of Blackhawk Mining and Golden Eagle Land Company. Sev.en
Global Investments is part of the Sev.en group whose beneficiary is Mr. Pavel Tykač, a prominent Czech entrepreneur and investor. For further information visit www.7gi.com.
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