PPK Group Limited, under the former name of Plaspak Group Limited, listed on what was then the Australian Stock Exchange on 21 December 1994. In its initial years the group’s activities primarily focused on the manufacturing, importation and distribution of a range of plastics products.
Following the sale of these businesses in 2006, PPK refocused its operations on investments in industrial and retirement village properties and property development activities.
PPK further diversified its operations with the subsequent acquisition of the Rambor mining services business.
In November 2013, Robin Levison the ex-head of the mining services company Industrea Limited, (under whose leadership market capitalisation grew to in excess of $500m), acquired a major shareholding in PPK and was appointed Executive Chairman. The group’s board is now fully committed to a more active growth strategy centred around expanding its existing mining services and mining equipment businesses and acquiring other innovative and profitable technology, productivity and safety related mining services companies at prices considered to offer shareholders sustainable, long term value.
In March 2014 PPK completed the first of its planned mining services and mining equipment acquisitions, with the purchase of the successful COALTRAM mining equipment business from Diversified Mining Services.