Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has completed the acquisition of CR, an Australia-based provider of advanced ground engaging tools (GET) and related digital solutions mainly for the mining industry.
With this acquisition, Epiroc is expanding its first-rate offering of essential consumables and digital solutions, Epiroc wrote in a statement.
CR is headquartered in Brisbane, Australia, and operates globally. The company’s products include cast lips, teeth, and protective shrouds installed on mining buckets and loaders, the statement noted.
Commenting on the development, Johan Barbagallo, CEO of CR said,“This is a significant milestone event for everyone in the CR business and provides tremendous recognition of the value created by our collective efforts and performance over the recent years.
He said, “I feel immensely proud of what we have achieved together to become an innovative technology supplier to the global mining industry.”
CR’s digital solutions include, among other offerings, the real-time GET loss detection system GET Trakka and the Titan 3330 payload management system.
The solutions strengthen safety and productivity, and protect against expensive delays in the mining operations. CR’s GET offering covers both surface and underground mining.
Epiroc develops and provides innovative and safe equipment, such as drill rigs, rock excavation and construction equipment and tools for surface and underground applications.
Helena Hedblom, Epiroc’s president and CEO, said, “We look forward to welcome the strong team at CR to Epiroc.”
He explained,“This acquisition will expand our offering of innovative and high-quality consumables and digital solutions that strengthen customers’ productivity and safety.”