Atlas Copco has announced that its hydraulic attachment tools division will become part of Epiroc with effect from January 1.
The division, which has a 100-strong product range, manufactures hydraulic breakers, cutters, pulverisers, bucket crushers, shears, grapples and magnets. All current products will be delivered with Epiroc branding from January 1 onwards.
The company said it will be business as usual for the division, with products manufactured in the same facilities as today, developed by the same research and development teams and marketed by the same faces to the customer.
“We are building on a very solid foundation in the industry’” said Goran Popovski, president of the hydraulic attachment tools division.
“Within Epiroc we can even better focus on what is core for us: providing solutions and best support to our customers around the globe. Epiroc is a new player with a solid history in the market and our ambition is to continue to have market leading positions in each market and each segment.”
Subject to shareholder approval, under the new set up Atlas Copco will focus on industrial customers, while Epiroc concentrates on mining, infrastructure and natural resources.