Epiroc to acquire leading provider of mining automation solutions: RCT
Published by Will Owen,
Editor
Global Mining Review,
Epiroc has agreed to acquire Remote Control Technologies Pty Ltd (RCT), an Australian company that provides automation and remote-control solutions for mining customers around the world.
With this acquisition, Epiroc will be a world-leading automation solutions provider not only for surface and underground rock drilling, but also for underground loading and haulage.
RCT is headquartered in Perth, Australia, with customers in more than 70 countries. The company provides automation and remote-control solutions applicable for either a single machine or an entire mixed fleet of machines regardless of manufacturer or type of equipment. RCT also provides data and information systems, fleet and machine management systems, and machine protection systems.
The company has about 225 employees and had revenues in the fiscal year ending 30 June 2022, of approximately MAUD 85 (MSEK 600).
Helena Hedblom, Epiroc’s President and CEO, comments:
“Automation is increasingly important for the mining industry to strengthen safety and productivity, and RCT’s advanced solutions complement Epiroc’s existing automation offering well. Together we will provide complete automation and remote-control solutions to support our customers on their journey towards optimal operations.
“We are especially pleased that Bob Muirhead, RCT’s founder and a true pioneer within mining automation, will continue in an active management role. We look forward to welcoming the strong RCT team to Epiroc.”
The acquisition is expected to be completed in 4Q22.
Read the article online at: https://www.globalminingreview.com/technology-digitalisation/01112022/epiroc-to-acquire-leading-provider-of-mining-automation-solutions-rct/
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