SSH expands national footprint with Elphinstone Mechanical Services acquisition
Mining services provider SSH Group Ltd has entered into a binding agreement to acquire Elphinstone Mechanical Services (EMS), a well-established mechanical services business, in a transaction that it says is expected to be immediately earnings and margin accretive.
It states: “The acquisition strengthens SSH’s ability to deliver integrated mining services across major operations, under its Hire|Mine|Own strategy. EMS will operate within the SSH Hire vertical, enhancing capability and scale across the Group’s service offering.”
EMS brings over 20 years of operating history and expertise in heavy mobile equipment maintenance, shutdown support and field services. “The integration of EMS alongside KMH and SSH Mining is expected to drive operational efficiencies, improved utilisation and cross-client opportunities across the platform. The transaction also provides immediate geographic expansion, establishing SSH in Queensland and strengthening its east coast presence, alongside its existing Western Australian operations.”
EMS will continue to operate under its existing brand, with founders Shane and Jody Elphinstone remaining in leadership roles to ensure continuity for clients and employees. SSH Group Chief Operating Officer and Executive Director Stefan Finney commented: “This acquisition marks a key step in scaling the Group’s national capability. EMS is a proven business with strong client relationships and an experienced team, and it significantly enhances our ability to deliver integrated services across the industry. Importantly, this is a West Australian growth story. We’re building on strong local foundations and scaling them nationally, creating a more capable and connected mining services platform.”
EMS Founder Shane & Jody Elphinstone both commented: “We’ve spent more than 20 years building EMS into a trusted name in the mining industry. This next
phase allows us to grow that capability while staying true to the way we operate and the standards our clients rely on. The alignment between EMS and SSH is clear, with a strong cultural and operational fit and a shared understanding of delivering in environments where safety and performance are critical. Being part of
SSH provides the platform to grow faster, access larger opportunities and continue investing in our people, services and the regions we operate in across Western Australia and nationally.”
The total consideration for the acquisition is up to A$3 million, comprising a cash and share-based payment at settlement and a performance-based earn-out (cash and shares) payable subject to EMS achieving agreed FY27 revenue targets. Completion is expected prior to 30 June 2026, subject to customary conditions precedent.
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