Epiroc to Acquire South Korean Hydraulic Breaker Manufacturer
Epiroc has agreed to acquire D&A Heavy Industries, a South Korean manufacturer of hydraulic breakers. Based in Seoul, South Korea, D&A manufactures and sells hydraulic breakers for customers involved in construction, demolition, rock excavation, quarrying, and infrastructure. “The acquisition of D&A Heavy Industries will strengthen our leading position on hydraulic attachment tools for the construction industry and supports our long term growth strategy,” says Helena Hedblom, Epiroc’s president and CEO. The company, which has a production facility outside Seoul, has about 60 employees and had revenues in 2020 of about EUR21M. The acquisition is expected
to be completed by mid-summer 2021, with D&A becoming part of Epiroc’s Tools & Attachments division. The company will continue to be operate from South Korea, and retain its brand and channels.