This acquisition is a good strategic fit for Atlas Copco as it broadens the offering forour existing customers,” said Bob Fassl, Business Area President for Atlas Copco Mining and Rock Excavation Technique. “Shotcreting is a growth segment thanks to high safety requirements in tunnelling and we look forward to introducing these products through our global sales channels, both to mining and underground civil construction customers.”
The purchase is subject to approval by the authorities and legal closing of the transaction is expected by the end of the first quarter of 2013.