Announced
Financials
Sources
Tags
Cross Border
Pending
Majority
Single Bidder
Acquisition
Private
Machinery: Industrial
mining equipment
South Africa
Friendly
Synopsis
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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