Announced
Synopsis
Epiroc, a productivity and sustainability partner for the mining and construction industries, agreed to acquire Yieldpoint, a Canadian company that provides advanced ground support solutions that strengthen safety for mining and civil engineering applications. Financial terms were not disclosed. “Proper ground support is crucial to safe mining and infrastructure operations. Yieldpoint’s smart and robust monitoring solutions complement our ground support offering well, and expand our portfolio of digital solutions. Together we will offer high-tech ground support solutions that allow customers to operate in a safer environment and spend more time focusing on their operations. We look forward to welcoming the experienced and professional Yieldpoint team to Epiroc,” Helena Hedblom, President and CEO Epiroc.
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