- CEO
- Joseph Michael Purcell
- Full Time Employees
- 530
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Smithstown Industrial Estate Shannon CE Ireland
- IPO Date
- Nov 26, 2013
- Business
- Mincon Group plc is an engineering company specializing in the design, manufacture, sale and servicing of rock drilling tools and associated products, serving mining, construction, oil and gas, geothermal, environmental, and water well markets globally. Its core products include down-the-hole (DTH) drilling hammers, bits, reverse circulation (RC) drill products, drill pipes and accessories, and surface drilling consumables. The company also provides related services such as onsite technical support and global service support teams. Headquartered in Shannon, Ireland, and founded in 1977, Mincon operates in over 79 countries, with significant operations across Europe, Africa, the Middle East, North America, and Asia-Pacific.
Recent strategic developments include the acquisition of Spartan Drill Tools, a U.S.-based drill pipe manufacturer, which enhances Mincon’s manufacturing footprint and drill pipe capabilities in North America to better serve its growing customer base. In 2025, Mincon also acquired Marshalls Hard Metals Limited, a leading European tungsten carbide manufacturer, strengthening its control over production and quality of critical drill tool components. The company has launched advanced technology products such as the Hybrid Impact Technology in collaboration with Epiroc, which improves hydraulic DTH hammer performance, reduces fuel consumption, and lowers overall drilling costs. It is also progressing on transformative projects like the Greenhammer system, expected to roll out in a major open-pit mine in 2025, and an underwater drilling system targeting offshore wind energy.
Financially, Mincon reported revenue growth driven by construction sector demand, despite declines in mining and geothermal segments, supported by operational efficiencies and volume recovery. The company secured a major port project in Africa in 2025 and continues to target business expansions in construction, mining, and renewable energy markets. Its ongoing focus on innovation, service support, and geographic expansion, combined with recent acquisitions and technology enhancements, positions Mincon as a leading supplier of engineered drilling solutions globally.
Mincon Group maintains a strategic emphasis on diversifying across industries with different business cycles to reduce earnings volatility and is advancing new product developments to support renewable energy sectors and large-scale construction projects. It remains committed to expanding operational efficiency and cost management while leveraging its comprehensive product portfolio and global support infrastructure.