Globally, the entire Mining & Rock Excavation Technique Business Area together with the Construction Tools Division of Atlas Copco becomes part of a new company called Epiroc, while the industrial segment remains with Atlas Copco.
With Epiroc dedicated to the mining and civil engineering sectors and Atlas Copco focusing on the industrial market, the split provides the best growth opportunities for both listed companies.
Epiroc will remain a subsidiary of Atlas Copco but operate as an independent company operating under its own brand name and logo.
In South Africa, Epiroc South Africa was formally established on 1 November 2017, and employs close to 1 000 employees (all retained from their former Atlas Copco divisions).
The company will be responsible for southern Africa markets, including Namibia, Botswana, Zimbabwe and Mozambique.
Its services specifically include:
- Underground hard rock excavation;
- Surface and exploration drilling;
- Hydraulic attachment tools;
- Advanced drilling solutions;
- Rock drilling tools; and
Epiroc is spearheaded by newly appointed CEO, Per Lindberg, who has the support of a new board. Sanjay Ahuja takes up the reigns as Regional General Manager of Epiroc South Africa.
“Epiroc South Africa, a Level 4 BBBEE company, is devoted to providing customers with products and services that enhance their productivity, energy efficiency, safety and ergonomics,” says Ahuja.
“Moving forward our intention is to focus exclusively on the mining and civil engineering sectors and to evolve from the supply of mining equipment to mining systems by automating and integrating equipment into the mining process. This will drive safety and productivity improvements in the fields of loading, hauling and drilling,” Ahuja concludes.