Epiroc has signed an settlement to accumulate the enterprise of mining aftermarket options supplier Eventspec Proprietary, situated in Johannesburg, South Africa.
Eventspec specialises in producing parts for drill rigs, mine vehicles and loaders, in addition to providing rebuilds, repairs and related companies.
The corporate, which employs roughly 120 folks, primarily serves mining firms in South Africa.
Epiroc president and CEO Helena Hedblom stated: “This acquisition will likely be a robust and strategic addition to our manufacturing capabilities and develop our product portfolio of spare elements and associated companies within the rising and vital African area and past.
“We stay up for welcoming the succesful workforce at Eventspec to the Epiroc Group.”
This acquisition will likely be included into the Gear & Service Enterprise Space and recorded beneath the Service income stream.
The transaction is because of be finalised early within the third quarter of 2026 (Q3 2026), pending normal regulatory approvals.
It doesn’t require disclosure beneath the EU Market Abuse Regulation.
Epiroc, headquartered in Stockholm, Sweden, employs roughly 19,000 people worldwide and maintains a considerable presence in South Africa.
The corporate develops tools for floor and underground functions, and supplies companies starting from automation and digitalisation to electrification options.
In July 2025, Epiroc secured an order from Sociedad Punta del Cobre (Pucobre) in Chile for a spread of underground mine vehicles and digital options.
This order, valued at Skr235m ($24.6m), is about to enhance Pucobre’s productiveness, cost-effectiveness and security.
The contract included the availability of Minetruck MT65 S haulers for Pucobre’s copper mines together with Punta del Cobre, Granate and Mantos de Cobre.
“Epiroc indicators settlement to accumulate Eventspec in South Africa” was initially created and printed by Mining Expertise, a GlobalData owned model.
The knowledge on this website has been included in good religion for basic informational functions solely. It’s not meant to quantity to recommendation on which it is best to rely, and we give no illustration, guarantee or assure, whether or not specific or implied as to its accuracy or completeness. You have to receive skilled or specialist recommendation earlier than taking, or refraining from, any motion on the premise of the content material on our website.
