Atlas Copco is acquiring Swiss shotcreting firm MEYCO

Atlas Copco intends to acquire the Swiss MEYCO business, a move that widens its product range for the tunnelling market. The terms of the deal have not been disclosed and Atlas Copco’s Swiss subsidiary will acquire the MEYCO Equipment business from BASF Construction Chemicals Europe. This move brings a comprehensive range of mobile equipment for shotcreting in underground operations. MEYCO has offices and an assembly facility in Winterthur, Switzerland and its products include carrier-mounted concrete spray
December 21, 2012 Read time: 2 mins
161 Atlas Copco intends to acquire the Swiss 2646 MEYCO business, a move that widens its product range for the tunnelling market. The terms of the deal have not been disclosed and Atlas Copco’s Swiss subsidiary will acquire the MEYCO Equipment business from 2645 BASF Construction Chemicals Europe. This move brings a comprehensive range of mobile equipment for shotcreting in underground operations. MEYCO has offices and an assembly facility in Winterthur, Switzerland and its products include carrier-mounted concrete spraying equipment, concrete spraying arms, pump and dosing units. Current sales are mainly for underground construction projects in Europe, Asia and the Middle East.

This acquisition is a good strategic fit for Atlas Copco as it broadens the offering forour existing customers,” said Bob Fassl, Business Area President for Atlas Copco Mining and Rock Excavation Technique. “Shotcreting is a growth segment thanks to high safety requirements in tunnelling and we look forward to introducing these products through our global sales channels, both to mining and underground civil construction customers.”

The purchase is subject to approval by the authorities and legal closing of the transaction is expected by the end of the first quarter of 2013.

For more information on companies in this article

Related Content

  • Powerscreen crushing it at bauma!  
    October 25, 2022
    The high-performance Premiertrak 330 jaw crusher and Chieftain 1700X three-deck incline screen are standout models for Powerscreen.
    Read More
  • LiuGong develops new operating strategy to meet challenges
    August 20, 2015
    Chinese manufacturer LiuGong has adjusted its strategy to meet the changes in the construction machinery industry Slow recovery from the global economic recession has impacted on the construction machinery industry. Intense regional, political and economic situations, low demand for resources, a decrease in emerging economies and conservative investment have led to a sharp decrease in demand for heavy machinery. LiuGong is tackling this using its refined initiative programme, however, and the firm sa
    Read More
  • How bitumen technology solutions are solving paving problems around the world
    March 2, 2017
    This month we hear how additives can bring RAP back from the dead and fight the ravages of salt damage, how pellets reach parts that PMB can’t and how Shell and WeedsWest are expanding their respective businesses - Kristina Smith writes
    Read More
  • Organisers of Italy’s conjoined Samoter-Asphaltica show are bullish for success
    January 16, 2014
    The organisers of the Samoter construction equipment show being held in the historic Italian city of Verona are bullish for the success of the event. This will be the 29th edition of Samoter, an international triennial exhibition focussing on earthmoving and site machinery. It will also be the 50th anniversary of the foundation of the event, which will also co-host the Asphaltica exhibition for road paving, safety and infrastructures for the first time. Asphaltica is organised in cooperation with Siteb, the
    Read More

Highlighted Content