Starting May 1, Epiroc will split its Tools & Attachments division into two divisions, Rock Drilling Tools and Mining & Infrastructure Attachments. Business for the division has expanded and it will become significantly larger after the acquisition of STANLEY Infrastructure is completed. Martin Hjerpe, currently senior vice president for M&A, Strategy and Supply Chain, will become president of the Tools division. Goran Popovski, currently president of the Tools & Attachments division, will become president of the Attachments division.

“With past growth and now the ongoing acquisition of STANLEY Infrastructure – our largest acquisition ever – our tools and attachments business is expanding significantly,” said Helena Hedblom, president and CEO, Epiroc. “By dividing the business into two dedicated divisions, we are optimizing the focus for all the business lines and supporting sustainable, profitable growth.”
The Tools division will consist of tophammers and handhelds; DTH, rotary and raiseboring; ground support; and supply chain. The Attachments division with focus on ground engaging tools (CR Mining), hydraulic attachment tools and STANLEY Infrastructure.

Epiroc announced on December 15, 2023, that it had agreed to acquire STANLEY Infrastructure from Stanley Black & Decker, Inc. The acquisition is expected to be completed soon.

Share