Epiroc completes acquisition of Canadian ground support business
Published by Jane Bentham,
Editorial Assistant
Global Mining Review,
Epiroc has completed the acquisition of the business of Yieldpoint Inc., a Canadian company that provides advanced ground support solutions that strengthen safety for mining and civil engineering applications.
Yieldpoint is based in Kingston, Ontario, Canada, and has about 10 employees. The company designs, manufactures and sells advanced digital geotechnical instruments, and has customers worldwide. The products, which include ground movement sensors and telemetry solutions, are primarily used for underground mining, tunnelling, and civil construction applications. Yieldpoint’s solutions help digitalise the ground support and create a safer working environment.
Epiroc announced on 28 May 2024 that it had agreed to acquire the business of Yieldpoint.
Read the article online at: https://www.globalminingreview.com/finance-business/17062024/epiroc-completes-acquisition-of-canadian-ground-support-business/
You might also like
World’s Deepest Marathon set to make history with two Guinness World Record attempts and an exciting new collaboration
With just three days to go, anticipation is building for the World’s Deepest Marathon, an extraordinary event taking place 1120m below sea level in Boliden’s Garpenberg zinc mine in Sweden, one of the world’s most modern mines.
