Epiroc acquires mining equipment distributor in Estonia
Stockholm, Sweden: Epiroc, a leading productivity partner for the mining, infrastructure and natural resources industries, has acquired Sautec A.S., an Estonian distributor of mining and construction equipment.
Sautec is based in Tallinn, Estonia, and is active also in Latvia and Lithuania. The company distributes underground mining equipment and construction demolition tools with related parts, services and consumables. It has six employees.
“I am glad that the strong team at Sautec is joining Epiroc,” said Helena Hedblom, Epiroc’s Senior Executive Vice President Mining and Infrastructure. “It is important as we expand our presence in the Baltic region.”
The purchase price is not material relative to Epiroc’s market capitalization and is not disclosed.
Sautec becomes part of Epiroc’s Mining and Rock Excavation Service division. The company’s website, in Estonian only, is http://www.sautec.ee/.
For more information please contact:
Ola Kinnander, Media Relations Manager
+46 70 347 2455
Helena Hedblom, Senior Executive Vice President Mining and Infrastructure
+46 10 755 0000
Epiroc is a leading productivity partner for the mining, infrastructure and natural resources industries. With cutting-edge technology, Epiroc develops and produces innovative drill rigs, rock excavation and construction equipment, and provides world-class service and consumables. The company is based in Stockholm, Sweden, had revenue of SEK 31.4 billion in 2017, and has more than 13 000 passionate people supporting and collaborating with customers in more than 150 countries. Learn more at www.epirocgroup.com.