Epiroc to acquire mining automation company
By Catrin Jones02 November 2022
Epiroc has agreed to acquire Australia-based Remote Control Technologies Pty Ltd, a company that provides automation and remote-control solutions for mining customers globally.
Remote Control Technologies, known as RCT, provides automation and remote-control solutions applicable for either a single machine or an entire mixed fleet of machines regardless of manufacturer or type of equipment. RCT is also said to provide data and information systems, fleet and machine management systems, and machine protection systems.
Helena Hedblom, Epiroc’s President and CEO, says, “Automation is increasingly important for the mining industry to strengthen safety and productivity, and RCT’s advanced solutions complement Epiroc’s existing automation offering well. Together we will provide complete automation and remote-control solutions to support our customers on their journey towards optimal operations.”
The acquisition is expected to be completed in the fourth quarter of 2022. The transaction is not subject to a disclosure obligation pursuant to the EU Market Abuse Regulation.