Epiroc, a leading productivity partner for the mining and Infrastructure industries, has agreed to acquire RNP México, a manufacturer of rock drills and related spare parts.
RNP México is based in San Luis Potosi state, Mexico, and has branches in Chile and Peru. The company develops, manufactures, and sells rock drills and related components, serving mining and construction customers mainly in Latin America. RNP México has about 370 employees and had revenues in 2021 of about MUSD 28 (MSEK 245).
“This acquisition will strengthen Epiroc’s offering of rock drills and spare parts primarily in Latin America,” says Helena Hedblom, Epiroc’s President and CEO. “We look forward to welcoming RNP México to Epiroc.”
The acquisition is expected to be completed in the third quarter 2022. The transaction is not subject to a disclosure obligation pursuant to the EU Market Abuse Regulation.