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

  • Nissan moves to speed up EV charging infrastructure
    February 29, 2012
    Nissan has teamed up with leading European utility and electrical vehicle (EV) supply equipment companies to speed development of cheaper, smaller, quick chargers for electric vehicle batteries, and accelerate the installation of publicly-available Quick Charge (QC) points across Europe.
    Read More
  • Norway's bridge meets tough environmental targets
    May 2, 2012
    One of the world's longest bridges is being built in Norway – for traffic volumes of just 2,000 cars/day reports Adrian Greeman. The stunning landscape of the long sea fjords in Norway is one of its glories, attracting thousands of tourists every summer. But the high mountains and deep sea inlets are also one of the great obstacles to transport and development.
    Read More
  • Norway's bridge meets tough environmental targets
    February 27, 2012
    One of the world's longest bridges is being built in Norway – for traffic volumes of just 2,000 cars/day reports Adrian Greeman. The stunning landscape of the long sea fjords in Norway is one of its glories, attracting thousands of tourists every summer. But the high mountains and deep sea inlets are also one of the great obstacles to transport and development.
    Read More
  • New integration with Carlson Machine Control and Atlas Copco’s FlexiROC with HEC3 Drills
    January 6, 2017
    Installation and testing has been completed at the Atlas Copco factory in Örebro, Sweden, on the first system integration of Carlson Machine Control’s CBx5 control box console running Carlson DrillGrade software on a FlexiROC HEC3 C65 drilling system. This is said to mark the first successful factory installation of a 3D drilling system integrating Atlas Copco’s new third party protocol available on FlexiROC drills with the HEC3 system. The first of several systems has been delivered to a mine in Finland an
    Read More

Highlighted Content