Epiroc completed the sale of its handheld drilling consumables manufacturing facility in Ockelbo, Sweden.
The company sold the facility and the business to an affiliate of Monark AS, a rock drilling tools manufacturer based in Hof, Norway. The new owner will continue to supply Epiroc with products, mainly rods for handheld drilling.
The facility was part of Epiroc’s rock drilling tools division. The 40 employees there were offered to continue working there for the new owner.