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

  • Swiss roundabout goes underground
    February 7, 2012
    The Swiss, well-known for their tunnel constructions, have enhanced their reputation with the recent Gotthard Tunnel breakthrough which has created the world's longest tunnel. And in Bern, a roundabout is being re-positioned almost 10m under the ground, which will transform a somewhat dismal road intersection into an attractive gateway to the country's capital. PERI provided a comprehensive formwork solution for the realisation of the massive beams, reinforced concrete slab along with the conically-sh
    Read More
  • Major Europe-Asia bridge connection in Turkey
    July 1, 2014
    The 3rd Bosporus Bridge and the Northern Marmara Motorway will improve transport links between Europe and Asia and cut chronic congestion in Istanbul, Turkey’s largest city - Mike Woof reports Work is now well underway on the 3rd Bosporus Bridge and the Northern Marmara Motorway, providing a new link for Turkish city Istanbul and the region as a whole. This enormous bridge and highway project is breaking several records for Turkey in terms of scale, as well as setting a number of international records for e
    Read More
  • Italy must embrace “internationalisation”
    January 6, 2017
    Italian construction equipment manufacturers are being urged to embrace “internationalisation” if they are to survive and prosper, after new figures revealed declining domestic but rising export sales in 2011.
    Read More
  • Italy must embrace “internationalisation”
    February 16, 2012
    Italian construction equipment manufacturers are being urged to embrace “internationalisation” if they are to survive and prosper, after new figures revealed declining domestic but rising export sales in 2011.
    Read More

Highlighted Content