Epiroc buys attachments manufacturer

Epiroc has completed the acquisition of ACB+, a manufacturer of attachments and related couplers

ACB+ is based in Saint Lager, France, and has several production facilities in the country. It manufactures attachments and quick couplers used on excavators for construction as well as related areas such as scrap recycling and deconstruction.

Quick couplers are used with carriers, typically excavators, to enable safe and efficient change of attachments, such as buckets and hydraulic tools.

The company has customers throughout Europe and had revenues of about MSEK325 (US$31.5 million) in the 12 months through June 30, 2024, and has about 140 employees.

The parties have agreed not to disclose the purchase price as the transaction is not subject to a disclosure obligation pursuant to the EU Market Abuse Regulation.

Rock drilling manufacturing facility

Epiroc has also announced that it has held a ground-breaking ceremony in Hyderabad, India, for an expansion of its manufacturing facility for rock drilling tools. The company says that this is part of its, “growing focus on India as a key hub for manufacturing and research and development to support customers throughout the region.”

The Hyderabad factory produces rock drilling tools such as rotary bits and down-the-hole products. Epiroc doubled the facility’s capacity in 2017 and is now expanding further. The investment will create employment for around 30 additional people. Production in the expanded area is expected to begin around April 2025.