NRW Holdings (ASX: NWH) has pounced assets of the collapsed RCR Tomlinson, striking a $10 million deal to pick up the erstwhile peer's mining technologies and heat treatment business. The RCR Mining and RCR Heat Treatment units formed part of the original RCR business and are based in the Perth suburb of Welshpool and in Bunbury, employing about 300 people. Combined, the two units generated about $110 million of revenue last financial year. NRW will fund the deals out of cash reserves and expects to settle the acquisitions within the next two weeks.
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