Business, Earthmoving News

Epiroc splits Tools & Attachments division

Epiroc is strengthening the focus on its tools and attachments business by splitting the division into two and appointing a new division president

From May 1, 2024 Epiroc will split its Tools & Attachments division into two: rock drilling tools and mining & infrastructure attachments.

“With past growth and now the ongoing acquisition of Stanley Infrastructure, our largest acquisition ever, our tools and attachments business is expanding significantly,” Epiroc president and CEO Helena Hedblom says.

The tools division will cover the following areas: tophammers and handheld drilling tools; down the hole, rotary and raiseboring hammers; and ground support tools.

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The attachments division will cover: ground engaging tools; hydraulic attachment tools and the recent Stanley Infrastructure brand acquisition.

“By dividing up the business into two dedicated divisions, we are optimising the focus for all the business lines and supporting sustainable, profitable growth,” Hedblom says.

Current senior vice president of M&A, strategy and supply chain Martin Hjerpe will become president of the tools division.

Goran Popovski, currently president of the tools & attachments division, will become president of the new attachments division.

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