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

  • Salini Impregilo expands in the US with purchase of Lane Industries
    November 12, 2015
    Italian global infrastructure group Salini Impregilo has agreed to buy 100% of Lane Industries, an American highways contractor and the “top private asphalt producer” in the US. Lane, a family-owned business based in Cheshire, Connecticut, was bought for US$406 million and has a turnover of around $1.5 billion. The company has three divisions: asphalt production, road projects and other infrastructure projects, in domestic and international markets. A statement from Salini said Lane is participating i
    Read More
  • Improved digging performance
    February 7, 2012
    Komatsu is rolling out its new PC190-8 excavator, which replaces the previous PC180-7 model. The new machine weighs in at up to 20tonnes and features an engine power increase of 7% over the previous model, boosting performance and productivity. Digging output is increased due to features such as a 200mm longer monoboom, and a maximum bucket capacity of 1.14m3. Lifting capacity is increased and the PC190-8 lifts over a tonne more than the PC180-7, while it offers a bucket digging force of 1.2tonnes, which
    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
  • 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

Highlighted Content