Atlas Copco’s Epiroc Subsidiary Becomes Separate Company

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.

Michael Roth

Dec. 2, 2017

2 min read

Epiroc staff celebrates the change at the Rock and Roll Hall of Fame Long Live Rock — Epiroc staff celebrates the change at the Rock and Roll Hall of Fame. Long Live Rock!

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.

About the Author

Michael Roth

Editor

Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.