Epiroc AB, a subsidiary of Atlas Copco Group has begun operating as an independent business. It is providing customers in mining, infrastructure and natural resources with products and services. Atlas Copco plans for Epiroc AB to be listed on the stock exchange in 2018.
Atlas Copco announced in January 2017 that the group will split into two companies in 2018 with Atlas Copco focusing on industrial customers, and Epiroc focusing on mining, infrastructure and natural resources customers. Epiroc will be taking over the hydraulic attachments portion of Atlas Copco's business. The split is proceeding according to plan, but remains subject to approval by Atlas Copco shareholders in April 2018.
Epiroc, still a subsidiary of Atlas Copco, is already now starting to operate under its own brand name and logo.
“Epiroc is devoted to providing customers with products and services that enhance their productivity, energy efficiency, safety and ergonomics,” said Turgay Ozan, president of Epiroc USA LLC.
In the United States, the Epiroc organization started operating under the Epiroc name as of Dec. 1, 2017. The local Epiroc organization consists of 370 employees, who provide sales and service from 17 locations.
Epiroc is a leading productivity partner for the mining, infrastructure and natural resources industries. Epiroc develops and produces innovative drill rigs, rock excavation and construction equipment, and provides service and consumables. The company was founded in Stockholm, Sweden, and supports customers in more than 150 countries.