Atlas Copco expands range

Atlas Copco plans to acquire the underground equipment business of GIA Industri, which will widen its array of machines for the tunneling market. Swedish firm GIA Industri makes an array of specialist machines for underground use including electric haulage trucks, utility vehicles and ventilation systems.
April 25, 2012 Read time: 1 min
161 Atlas Copco plans to acquire the underground equipment business of GIA Industri, which will widen its array of machines for the tunneling market. Swedish firm GIA Industri makes an array of specialist machines for underground use including electric haulage trucks, utility vehicles and ventilation systems. The firm is located in Grängesberg and is being sold to Atlas Copco by Vätterledens Verkstad, which will retain GIA Industri’s other products that are not related to the underground equipment market. GIA’s products include locomotives and shuttle car systems for underground transportation, charging and service trucks, scaling and cable bolting equipment, digging arm loaders (Häggloader) and ventilation technology. The electric trucks can be run off an overhead rail and are said to offer performance advantages in terms of reducing emissions. GIA Industri will be part of the Underground Rock Excavation division. The acquisition is expected to be closed during the first quarter of 2012, however the parties have agreed not to disclose the purchase price.
Highway & Network Management Road Structures

For more information on companies in this article

Related Content

  • Beijing’s BICES 2015 exhibition shows strong support
    October 1, 2015
    The BICES 2015 construction equipment exhibition in China’s capital Beijing attracted a strong attendance. Visitor numbers were good while the event also had good support from exhibitors, both Chinese and international. The exhibition benefited strongly from its move to Beijing’s new exhibition centre, located close to the international airport and with far better access by public transport than the previous site. Many attendees chose to travel to the showground by metro, giving swift access from the city c
    Read More
  • Atlas Copco’s cutting in site
    June 25, 2012
    Atlas Copco (AC) Construction & Mining has unveiled a new combi cutter, the CC 950, and two new bulk pulverisers. To enhance the appeal of the new products, AC has created a dedicated microsite to offer customers easy access to information about its entire silent demolition range. The CC 950 features a 360° hydraulic rotation device, said to enable attachments to be placed in position quickly and easily. With an operating weight of 920kg, the CC 950 can be fitted onto carriers between 9 and 16tonnes, and ex
    Read More
  • East End Crossing Project—Availability payment P3 in action
    July 14, 2017
    Indiana exercised its authority to use a P3 contract when it partnered with Kentucky for new bridges across the Ohio River. Barney Allison and John Smolen* explain the groundbreaking availability payment deal. Earlier this year, traffic began rolling over the new tolled Lewis and Clark Bridge spanning the Ohio River from northern Kentucky to southern Indiana. The cable-stayed bridge is part of the award-winning Ohio Bridges Project to untangle traffic within the greater metropolitan area of Louisville, Kent
    Read More
  • New Doha highway under construction
    March 18, 2016
    Construction is now underway on the New Orbital Highway in Doha, Qatar. This project is called The New Orbital Highway contract 2 and is one of the largest projects being delivered through the Qatar’s public work authority Ashghal. The work consists of the design and construction of 47km of highway with a five-lane dual carriageway for light vehicles and two truck lanes in each direction. It also includes six viaducts, 17 bridges and underpasses and a 320m cut-and-cover tunnel. This last is particularly
    Read More

Highlighted Content