Epiroc completes divestment of geotechnical consumables product line to Mimir Invest
Stockholm, Sweden: Epiroc, a leading productivity partner for the mining and infrastructure industries, has completed the divestment of its geotechnical consumables product line.Epiroc sold the business to Mimir Invest AB, a global investment firm based in Stockholm, Sweden. The products are manufactured and assembled in Finland, Scotland and the United States, and consist mainly of large down-the-hole hammers and related drill bits and casing advancement systems. It was part of Epiroc’s Rock Drilling Tools division. The product line employed about 40 people in Epiroc who will all transfer