Epiroc signs agreement to acquire Eventspec in South Africa

Epiroc has signed an statement to get the concern of mining aftermarket solutions supplier Eventspec Proprietary, located successful Johannesburg, South Africa.

Eventspec specialises successful producing components for drill rigs, excavation trucks and loaders, arsenic good arsenic offering rebuilds, repairs and associated services.

The company, which employs astir 120 people, chiefly serves mining companies successful South Africa.

Epiroc president and CEO Helena Hedblom said: “This acquisition volition beryllium a beardown and strategical summation to our manufacturing capabilities and grow our merchandise portfolio of spare parts and related services successful the increasing and important African portion and beyond.

“We look guardant to welcoming the susceptible squad astatine Eventspec to the Epiroc Group.”

This acquisition volition beryllium incorporated into the Equipment & Service Business Area and recorded nether the Service gross stream.

The transaction is owed to beryllium finalised aboriginal successful the 3rd 4th of 2026 (Q3 2026), pending modular regulatory approvals.

It does not necessitate disclosure nether the EU Market Abuse Regulation.

Epiroc, headquartered successful Stockholm, Sweden, employs astir 19,000 individuals worldwide and maintains a important beingness successful South Africa.

The institution develops instrumentality for aboveground and underground applications, and provides services ranging from automation and digitalisation to electrification solutions.

In July 2025, Epiroc secured an bid from Sociedad Punta del Cobre (Pucobre) successful Chile for a scope of underground excavation trucks and integer solutions.

This order, valued astatine Skr235m ($24.6m), is acceptable to amended Pucobre’s productivity, cost-effectiveness and safety.

The declaration included the proviso of Minetruck MT65 S haulers for Pucobre’s copper mines including Punta del Cobre, Granate and Mantos de Cobre.

"Epiroc signs statement to get Eventspec successful South Africa" was primitively created and published by Mining Technology, a GlobalData owned brand.

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