Atlas-Copco mining spin-off
begins operations

Epiroc AB has begun operating as an independent business. In January 2017, the Swedish industrial group Atlas Copco announced its intention to split into two companies: in future, the industrial business is to be pooled under the name of Atlas Copco, while Epiroc will focus on the dismantling and mining as well as on infrastructure projects and resource extraction. The preliminaries for the split-up are already underway; however, the shareholders of Atlas Copco AB must have the plans approved at the annual general meeting in April 2018. In the coming year, Epiroc will be listed on the stock market.


Epiroc however, still a subsidiary of the Atlas-Copco Group, has already begun operating under its own brand name and logo. The three companies Epiroc Deutschland GmbH based in Essen, Epiroc Österreich GmbH (Vienna) and Epiroc MEYCO AG (Studen) started their activities as legal entities on October 1, 2017. Currently, they employ a staff of over 100 and provide their customers, inter alia, with equipment for mining on the surface and underground, hydraulic hammers and grippers and concrete crushers as well as milling machines for dismantling work. The new Epiroc Deutschland GmbH based in Essen is a spin-off of the former Atlas Copco Berg- und Tunnelbautechnik GmbH that took over the hydraulic attachments sector from the former Atlas Copco MCT GmbH. Such attachments are also sold to the Benelux countries.




Related articles:

Issue 03/2017

Atlas Copco Board of Directors proposes to split the Group in 2018

Atlas Copco will initiate work in order to propose to the Annual General Meeting 2018 to decide on a split of the Group into two listed companies, Atlas Copco and “NewCo” (working name), and to...

Issue 07-08/2017

Atlas Copco completes acquisition of Swedish mining intelligence business

Atlas Copco has completed the acquisition of part of Mobilaris MCE AB, a Sweden-based company that provides advanced software that optimizes underground mining operations. Atlas Copco has acquired...

Issue 04/2011

New general manager at Atlas Copco

With effect from 01.03.2011, Joeri Ooms (1967) has been appointed new General Manager at Atlas Copco Kompressoren und Drucklufttechnik GmbH based in Essen (Fig.). Ooms joined Atlas Copco in 1994 and...

Issue 04/2019 Atlas Copco

Atlas Copco

A?t the Powtech trade fair,?Atlas Copco is presenting new low-pressure compressors, as well as screw and lobe blowers for energy-efficient pneumatic conveyor systems, e.g. for applications in the...

Issue 11/2018 Powering the future

Atlas Copco Power Technique unveils vision for powering the future

E?arlier in 2018 it was announced that a new company was to be established, Epiroc, which will market the company‘s rock related equipment. Now, on the 12th March 2018, the leadership team of the...