Atlas Copco changing corporate structure

Atlas Copco is changing its corporate structure. Its Hydraulic Attachment Tools division will now become part of Epiroc from January 1st, 2018. Provided its shareholders approve, in 2018, Atlas Copco will become two separate global groups of companies. Atlas Copco will focus on industrial customers while Epiroc will concentrate on mining, infrastructure and natural resources equipment. The hydraulic attachment tools division manufactures excavator attachment tools such as hydraulic breakers, cutters, pulve

December 4, 2017 Read time: 2 mins

Goran Popovski is president of the Hydraulic Attachment Tools division

385 Atlas Copco is changing its corporate structure. Its Hydraulic Attachment Tools division will now become part of Epiroc from January 1st, 2018. Provided its shareholders approve, in 2018, Atlas Copco will become two separate global groups of companies. Atlas Copco will focus on industrial customers while Epiroc will concentrate on mining, infrastructure and natural resources equipment. The hydraulic attachment tools division manufactures excavator attachment tools such as hydraulic breakers, cutters, pulverisers, bucket crushers, shears, grapples and magnets. Also effective from that date, all the division's current products will be delivered with Epiroc product branding.

“We are building on a very solid foundation in the industry,” said Goran Popovski, president of the Hydraulic Attachment Tools division. “Within Epiroc we can even better focus on what is core for us: providing solutions and best support to our customers around the globe. Epiroc is a new player with a solid history in the market and our ambition is to continue to have market leading positions in each market and each segment.”

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Atlas Copco to acquire U.S. mining equipment distributor

Atlas Copco has agreed a deal to acquire Cate Drilling Solutions, a U.S. company that distributes and services Atlas Copco drilling equipment and components.

Cate Drilling Solutions is based in Salt Lake City, Utah, and is active in the states of Utah, Nevada, Wyoming and Idaho. The company is an Atlas Copco full service distributor for surface drilling products. Cate Drilling Solutions also has a state-of-the-art remanufacturing shop that further serves customers’ needs. It has 35 employees.