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

  • Sophisticated new asphalt compactors now coming to market
    March 4, 2015
    Emissions legislation is one factor driving the introduction of new compaction machines for Europe and North America, while customers in other markets are also benefiting from new technology - Mike Woof writes. The phased introduction of new exhaust emissions requirements for construction equipment being used in Europe and North America have had a major impact on new model development. In the asphalt compactor segment, manufacturers have had to redesign machines to pack in the latest emissions control techn
    Read More
  • Sophisticated new asphalt compactors now coming to market
    March 4, 2015
    Emissions legislation is one factor driving the introduction of new compaction machines for Europe and North America, while customers in other markets are also benefiting from new technology - Mike Woof writes. The phased introduction of new exhaust emissions requirements for construction equipment being used in Europe and North America have had a major impact on new model development. In the asphalt compactor segment, manufacturers have had to redesign machines to pack in the latest emissions control techn
    Read More
  • Brazil Tamoio highway and São Sebastião tunnel work
    July 5, 2016
    Brazil’s Tamoio Highway and São Sebastião tunnel construction is of major importance – Mauro Nogarin reports. The modernisation and expansion of Brazil’s Tamoio highway is a major project for Brazil. The project has an estimated cost of $1.5 billion and work on the first section from Planalto was completed in January 2014, costing around $350 million. The project is being managed by the state-owned agency DERSA, which deals with road development. According to the concessionaire for the Tamoios highway p
    Read More
  • Metro Pacific pushes for Cebu-Mactan bridge in the Philippines
    January 19, 2015
    Metro Pacific Investments Corp (MPIC) is in discussions to form a joint venture for construction of a toll bridge connecting the islands of Mactan and Cebu in the Philippines. Cebu is an island province that incorporates 167 surrounding islands and islets, one of them being Mactan, which lies immediately off Cebu Island, across from Cebu City. MPIC’s subsidiary, Metro Pacific Tollways Development Corp (MPTDC), is proposing an 8.3km bridge costing around US$380 million, according to local media reports
    Read More

Highlighted Content