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Announced

Epiroc to acquire AARD Mining Equipment.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Pending

Majority

Single Bidder

Acquisition

Private

Machinery: Industrial

mining equipment

South Africa

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Synopsis

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Epiroc, a provider of innovative and safe equipment, agreed to acquire AARD Mining Equipment, a mining equipment manufacturer. Financial terms are not disclosed. “AARD has reputable and reliable products that complement our underground product portfolio well. This acquisition will further strengthen our growth ambitions in Africa and beyond. We are looking forward to welcoming the great team at AARD to Epiroc," Helena Hedblom, Epiroc President and CEO.

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