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

  • Strong attendance points to a successful bauma China show
    December 17, 2014
    Even heavy rain showers on the first day of the bauma China exhibition in Shanghai did not dissuade the crowds packing the outside exhibition areas - Mike Woof writes Those firms exhibiting at bauma China 2014 in Shanghai benefited from a strong show that attracted a record attendance of 191,000, an increase of 6% over the 2012 event. A wide array of new equipment was on show from the 3,104 firms exhibiting, an increase of 14% from 2012. There was a strong focus on technology and new engines required for
    Read More
  • Tunnels - an environmentally attractive option?
    February 21, 2012
    While tunnels are often more expensive than bridges, they can offer environmentally attractive options for transport schemes. Tunnels offer environmentally attractive options for a range of transport infrastructure schemes, but in many cases high construction costs may restrict their use.
    Read More
  • Atlas Copco changing corporate structure
    April 17, 2018
    Atlas Copco changed its corporate structure at the start of this year. Its Hydraulic Attachment Tools division will become part of Epiroc, pending shareholder approval this year. Atlas Copco will become two separate global groups of companies. Atlas Copco will focus on industrial customers while Epiroc will concentrate on mining, infrastructure and natural resources equipment. The hydraulic attachment tools division manufactures excavator attachment tools such as hydraulic breakers, cutters, pulverisers,
    Read More
  • Concrete production innovation – mobility the key
    July 5, 2016
    Versatility and productivity are key drivers for the concrete plant sector - Mike Woof writes. The days of most construction machines being expressly designed and built for a single specific purpose have gone. These days construction equipment is largely intended to be versatile and adaptable, allowing it to be operated in a wide array of applications and duties. New concrete plants are designed too for mobility as this allows users to set up highly productive equipment quickly on basic sites, with little p
    Read More

Highlighted Content