Epiroc completed the acquisition of FVT Research.

Epiroc, a productivity and sustainability partner for the mining and infrastructure industries, completed the acquisition of FVT Research, a Canadian company with expertise in converting diesel-powered mining machines to battery-electric vehicles. Financial terms were not disclosed. "Bringing the strong team at FVT Research into the Epiroc Group fits perfectly into our strategy to provide emissions-free battery-electric vehicles. Our customers are increasingly discovering the significant benefits that come with using battery-electric vehicles, and FVT Research’s technical expertise and competence will be key assets for Epiroc as we continue to provide more solutions in this area," Helena Hedblom, Epiroc President and CEO.