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History

The business was established in 1983 as part of the Boart Longyear group of companies. The company was sold to the current shareholders – a consortium comprising Nedbank Capital Private Equity, Matasis Mining Equipment (a BBBEE group) and Management – in 2008, and the company was renamed AARD Mining Equipment.

Our timeline

1983
Boart Longyear started designing and manufacturing hydraulic rock drills in the UK for the underground mechanised mining market
1992
Boart Longyear enters the mining equipment market by purchasing a utility vehicle (UV) range from Southern Denver
1999
Boart Longyear purchases GHH Mining SA (Pty) Ltd and enters the load haul dumper (LHD) market
2002
Boart Longyear develops and launches low profile equipment:drill rigs and utility vehicles. Drifter manufacturing facility relocates to South Africa (from UK)
2005
Anglo American sells Boart Longyear to Advent Equity Company
2008
Boart Longyear sells the capital equipment business to a consortium: Nedbank Capital Private Equity, Matasis Mining Equipment (a BBBEE group) and management. This new entity is registered as AARD Mining Equipment (Pty) Ltd
2009
AARD purchases corporate offices and manufacturing facilities in Chamdor, Gauteng
2013
AARD establishes subsidiaries in Zambia and Zimbabwe. 
2014
AARD enters into a reciprocal distribution agreement with Ferrit s.r.o Czech Republic, to market and supply the Ferrit range of monorails (battery and diesel), trackbound locomotives and chairlifts.Ferrit are marketing and supplying AARD equipment in East Europe and Russia.