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

  • GPS delivers accurate real time depth control
    July 13, 2012
    The novel EZ Dig Pro system offers real-time depth control for excavators and backhoe loaders. This package is said to provide precise grade control for digging a fixed depth or a slope and it boosts safety as there is no need for anyone going into the excavation to check depth. Applications include use in trenching and drainage ditches along roadways, as well as footings and foundation depths and cut-and-cover applications for a fixed depth for utilities.
    Read More
  • Greater efficiency with highway work zone safety
    April 2, 2014
    Leading highway work zone safety solution manufacturers have developed innovative new systems offering greater utility and efficiency for work crews involved in vital highways’ projects. Guy Woodford reports Mobile Barriers is now offering its MBT-1 barrier with cranes, scissor lifts, camera-communication towers and other options to enhance the system’s utility and efficiency. “This has been largely client driven and an outgrowth of our ongoing development for the transportation and security/defence s
    Read More
  • Trio of manufacturers release cutting-edge hybrid excavators
    May 19, 2014
    A trio of leading global construction equipment manufacturers have released innovative hybrid excavators. Guy Woodford reports on the new models Hitachi Construction Machinery (Europe) has launched the first of a new generation of excavators, the ZH210LC-5 hybrid. The latest innovative Zaxis-5 model has been designed to deliver reliable performance with fewer emissions and less fuel than the ZX210-3 model.
    Read More
  • Automatic control
    February 7, 2012
    Leica Geosystems says that sophisticated PowerDigger 2D guidance system for excavators offers automatic slope control. The system expands on its PowerSnap technology and is said to make excavating easier and more productive. The system uses a standard panel whether fitted to a dozer, excavator or grader, which is also said to save money on training and equipment, as well as reducing down time. Leica PowerDigger 2D system allows multiple elevations and slopes to be constructed at any orientation, witho
    Read More

Highlighted Content