Epiroc to acquire French manufacturer of excavator attachments
Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and construction industries, has agreed to acquire ACB+, a manufacturer of attachments and related couplers used by the construction industry.
ACB+ is based in Saint Lager, France, and has several production facilities in the country. It manufactures attachments and quick couplers used on excavators for construction as well as related areas such as scrap recycling and deconstruction.
Quick couplers are used with carriers, typically excavators, to enable safe and efficient change of attachments, such as buckets and hydraulic tools.
The company is market leading in France and has customers throughout Europe. It had revenues of about MSEK 365 in the 12 months through March 31, 2024, and has about 140 employees.
“ACB+ is known for its competence and high-quality products and solutions. This acquisition will strengthen our offering of quick couplers and attachments, thereby providing customers a more complete portfolio of productivity-enhancing products and solutions,” says Helena Hedblom, Epiroc’s President and CEO. “We look forward to welcoming the strong team at ACB+ to Epiroc to grow together in the long-term.”
The acquisition is expected to be completed in the third quarter 2024. The parties have agreed not to disclose the purchase price as the transaction is not subject to a disclosure obligation pursuant to the EU Market Abuse Regulation.
