Yancoal takes majority stake in underground mining systems major CFH Group – International Mining

CFH GmbH, based in Marl, Germany, announces the successful completion of two significant strategic transactions. First, Yancoal International Holding Co Ltd, a company of the Chinese Yankuang Energy Group and Shandong Energy Group, has acquired 51% of the shares in CFH GmbH. Second, CFH GmbH has acquired a 51% stake in the Turkish fan manufacturer AIRONN.

CFH GmbH’s companies include CFT (Compact Filter Technic) which is a leading player in underground mining for the supply of dry dedusters, wet scrubbers, fans, air heating, air cooling, ducting, and methane drainage solutions. Axial fans from 300 mm to over 3,700 mm impeller diameter are supplied by CFT via the CFH subsidiary Korfmann Lufttechnik GmbH. Mine cooling systems are design and supplied by CFT together with WAT Wärme-Austausch-Technik, a company in which CFH holds an equity stake. Mine heating systems are supplied by CFT partner Egger Apparatebau. CFT has the exclusive marketing rights for these system components for the mining and tunnelling industries.

Yancoal International’s investment the statement said represents an important milestone in CFH GmbH’s international growth strategy. The partnership opens up new opportunities for technological innovation, global market presence, and sustainable development.

“We are delighted to have gained a partner in Yancoal International that shares our technological
ambitions and our vision of a sustainable future,” said the management of CFH GmbH. “This
collaboration strengthens our international position and enables us to deploy our solutions even more
effectively worldwide.”

Yancoal International brings extensive experience in global resource allocation and industrial
cooperation to the table. Together with CFH, the aim is to set new standards in the development of
intelligent ventilation and environmental technologies – especially for applications in mining, tunnel
construction and industry.

As part of its international expansion, CFH GmbH has also acquired a 51% stake in AIRONN, a leading
manufacturer of ventilation systems based in Turkey. It says AIRONN ideally complements CFH GmbH’s product portfolio and expands its market presence, particularly with axial fans for building ventilation and tunnel ventilation. The use of AIRONN’s established sales networks opens cross-selling potential for both sides and accelerates order intake in several regions.

CFH concluded: “With these strategic partnerships, CFH GmbH is sending a strong signal for international cooperation, technological excellence, and sustainable growth – with the aim of strengthening the successful development of the company in Germany and CFH’s international subsidiaries in the long term. The targeted expansion of the network and the pooling of expertise create a strong basis for future
developments – for the benefit of customers, partners, and markets worldwide.”