Epiroc to divest handheld drilling consumables manufacturing facility in Sweden

Stockholm, Sweden: Epiroc AB, a leading productivity partner for the mining and infrastructure industries, has entered into an agreement to sell its handheld drilling consumables manufacturing facility in Ockelbo, Sweden.Epiroc agreed to sell the facility and its business to an affiliate of Monark AS, a rock drilling tools manufacturer based in Hof, Norway.  The new owner will continue to supply Epiroc with products, mainly rods for handheld drilling, which are used by customers in construction and mining. The facility is part of Epiroc’s Rock Drilling Tools division. The approximately 40