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

  • Innovative fuel injection reduces emissions
    February 24, 2012
    Stricter emissions legislation mean that new engine technology and integrated drivetrain systems are being developed. With the Tier 3/Stage IIIA emissions legislation now in place in North America and Europe, the major engine manufacturers already have an array of solutions on the market. The coming Tier 4 interim/Stage IIIB legislation will be tougher still and most firms are well in hand with their plans to use both in-cylinder and exhaust after-treatment technology. While engines themselves are staying b
    Read More
  • Advanced earthmovers now available
    May 10, 2018
    The excavator and wheeled loader segments represent massive sales volumes for manufacturers, so new model development is prioritised - Mike Woof writes. The crawler excavator segment accounts for a substantial portion of total sales of construction machines. With this in mind, it is no surprise that this is a market segment for which manufacturers prioritise a significant proportion of their research and development budgets. Wheeled loaders, while not selling in quite such large numbers as crawler excava
    Read More
  • Alternative power for earthmoving
    May 22, 2023
    Since the 1920s, the diesel engine has dominated the earthmoving machinery sector as a means of motive power but that is now changing
    Read More
  • Atlas Copco’s productive and innovative duplex roller
    March 16, 2016
    Atlas Copco says that its LP705 walk-behind duplex roller shares features with the recently introduced LP605 model. The LP7505 is a larger model and retains the flip-up hood seen on the LP605, which allows easy access for engine maintenance or battery charging. Of note is that the manual brakes have been replaced with new automatic hydraulic brakes; when pressure goes down, the unit brakes automatically. If pressure goes up, the brakes are released. Other features include new scrapers to avoid material adhe
    Read More

Highlighted Content