Epiroc, a leading productivity and sustainability partner for the mining and construction industries, is further developing its tools and attachments business. The company will split the Tools & Attachments division into two divisions and appoint a new division president. Martin Hjerpe, currently SVP M&A, Strategy and Supply Chain, will become President of the Tools division. Goran Popovski, currently President of the Tools & Attachments division, will become President of the Attachments division.
In recent years, the Tools & Attachments division has expanded significantly through organic and inorganic growth and will become significantly larger after the completion of the acquisition of STANLEY Infrastructure. To sustain optimal focus on each business line and continue fostering profitable growth, Epiroc will from May 1, 2024, split the Tools & Attachments division into these two new divisions: the Rock Drilling Tools (“Tools”) division and the Mining & Infrastructure Attachments (“Attachments”) division.
“With past growth and now the ongoing acquisition of STANLEY Infrastructure – our largest acquisition ever – our tools and attachments business is expanding significantly. By dividing up the business into two dedicated divisions, we are optimizing the focus for all the business lines and supporting sustainable, profitable growth.” said Helena Hedblom, Epiroc’s President and CEO.
For more information: https://www.epirocgroup.com/en