Epiroc to acquire US manufacturer of excavator attachments
Epiroc, a productivity partner for the mining and infrastructure industries, has agreed to acquire the business of Wain-Roy, a U.S. manufacturer of excavator attachments for the construction industry.
The Wain-Roy business, with a manufacturing site in Kronenwetter, Wisconsin, United States, is part of Oregon Tool, Inc. The company’s customers are mainly in the United States. Wain-Roy has about 100 employees and annual revenues of about MSEK 200.
“Wain-Roy is known for its high-quality products and competence,” said Helena Hedblom, Epiroc’s President and CEO. “This acquisition will strengthen our presence in the North American construction market and increase our capacity for manufacturing advanced attachments in that region.”
The acquisition is expected to be completed in the fourth quarter 2022. The transaction is not subject to a disclosure obligation pursuant to the EU Market Abuse Regulation.
Related News
From Archive
- Fatal trench collapse halts sewer construction in Massachusetts; two workers hospitalized
- Alaska LNG pipeline could require 7,000 workers at peak construction, developers say
- Ohio trench collapse kills one worker, injures two during pipe installation
- Elon Musk's Boring Co. fined for dumping drilling waste into Vegas sewer system
- $1.4 billion Midwest pipeline expansion to move more Canadian oil to U.S. Gulf
- Glenfarne Alaska LNG targets late-2026 construction start for 807-mile pipeline project
- Fatal trench collapse halts sewer construction in Massachusetts; two workers hospitalized
- Massive water line failure leaves majority of Waterbury without service
- Infrastructure failure releases 100,000 gallons of wastewater in Houston; repairs ongoing
- Pennsylvania American Water launches interactive map to identify, replace lead water service lines
Comments