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

  • Intermat Middle East positions itself for growth
    October 17, 2012
    As the United Arab Emirates gears up to invest more than US $4.6 billion (UAE Dirham 17 billion) in its nationwide road network in the next few years, the second annual INTERMAT Middle East show has taken place in Abu Dhabi with suppliers like AAA Cranes, Miller UK, Kanoo, Liebherr, Sennebogen, WireCo World, Erkat, Terex Finlay, Atlas Copco, , ELSA SRL, Robit Rock Tools, Ramtec Robi, Scheuerle Fahrzeugfabrik, T.G.S – The Grab Specialist, BV Beco, Techking Tires, Blastrac, SK Solutions, Xcentric Internationa
    Read More
  • Winter maintenance challenge
    February 29, 2012
    Many countries had their most severe winter for years, but it could have been much worse without the right equipment and technology as Patrick Smith reports. As many countries faced up to the 2010-2011 winter, hard-pressed maintenance teams did their best to keep things moving on the roads. With some of the lowest temperatures and heaviest snowfalls on record, the UK, Republic of Ireland, Switzerland, France, Scandinavia, Germany, and Belgium were among those affected. Russia, eastern Europe and the USA did
    Read More
  • Five roads of the future – cutting transport costs
    June 10, 2019
    Advances in road design and construction will deliver cost savings In the past 50 years there have been huge advancements in the automobile industry but the roads we drive on remain nearly unchanged. As cars get smarter so too should the infrastructure that supports them. Our planet is covered in roads. And by 2050 our global network of highways is projected to increase by 60%. Volvo Construction Equipment takes a look at possible technologies for the roads of the future, looking at some innovations
    Read More
  • Engine technology continues to advance, with lower emissions being one focus
    May 13, 2015
    Engine technology is advancing, with lower emissions, lower fuel consumption and longer service intervals being key developments - Mike Woof reviews some of the latest developments A huge investment in diesel engine technologies in recent years has seen manufacturers develop low emission diesels that are quieter, cleaner and use less fuel, while in many instances delivering more power. For machine manufacturers this has been a major benefit, allowing them to meet tougher regulations on noise and exhaust
    Read More

Highlighted Content