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

  • Hydrogen: the clean power solution of the future?
    February 10, 2021
    Hydrogen could be the fuel of the future according to engine producer Cummins
    Read More
  • Efficient site lighting from Atlas Copco
    August 24, 2016
    Atlas Copco now offers seven models in its mobile HiLight tower range. The HiLight range comprises of the H5+, B5+, V5+ and E3+ LED light towers, plus the V4, H4 and E2 metal halide variants. Four of the models benefit from efficient LED solutions. Atlas Copco’s latest LED light towers feature a novel, fully directional optic lens that maximises practical light coverage while minimising dark spots. A top-of-the-range LED light tower can illuminate an area of up to 5,000m2 with an average brightness of 2
    Read More
  • More satellites, more signals
    July 20, 2012
    Greater GPS accuracy suggests closer tolerances for surveying and machine control functions What happens in the future for GPS surveying and machine control could depend on satellite choice and signals. Right now there are around 30 satellites in orbit, largely built by the US, but by 2012 that could rise to 120 as Europe, China, India and Russia fully enter the market. A chequered history has faced the European's Galileo system. At long last, the finance appears to be in place and the European Commission a
    Read More
  • COWI acquiring FINLEY Engineering Group
    April 27, 2022
    COWI is acquiring the Finley Engineering Group.
    Read More

Highlighted Content