Epiroc to acquire US manufacturer of excavator attachments
Epiroc, a productivity partner for the mining and infrastructure industries, has agreed to acquire the business of Wain-Roy, a U.S. manufacturer of excavator attachments for the construction industry.
The Wain-Roy business, with a manufacturing site in Kronenwetter, Wisconsin, United States, is part of Oregon Tool, Inc. The company’s customers are mainly in the United States. Wain-Roy has about 100 employees and annual revenues of about MSEK 200.
“Wain-Roy is known for its high-quality products and competence,” said Helena Hedblom, Epiroc’s President and CEO. “This acquisition will strengthen our presence in the North American construction market and increase our capacity for manufacturing advanced attachments in that region.”
The acquisition is expected to be completed in the fourth quarter 2022. The transaction is not subject to a disclosure obligation pursuant to the EU Market Abuse Regulation.
Related News
From Archive
- Intrepid Fiber breaks ground on fiber optic network in Superior, Colo.
- Excavator collides with I-95 overpass in Henrico, Va., causing multi-vehicle crash
- Shrewsbury, Mass., expands sewer inspections and cleaning efforts
- Construction worker killed in trench collapse near Prosperity, S.C.
- Two workers rescued after hours trapped in Mich. trench collapse
- Texas contractor penalized by OSHA for repeated trench safety violations
- Final construction phase kicks off for Indianapolis deep rock tunnel
- WES tunnel boring machine retrieved from Oregon river after seven-month project
- Illinois overhauls Peoples Gas pipeline program, mandates focus on high-risk pipes
- Ameren Illinois to invest $140 million in natural gas pipeline replacement program
Comments