Epiroc completes acquisition of Canadian ground support business
Published by
Jane Bentham,
Editorial Assistant
Global Mining Review,
Monday, 17 Jun 24
Epiroc has completed the acquisition of the business of Yieldpoint Inc., a Canadian company that provides advanced ground support solutions that strengthen safety for mining and civil engineering applications.
Yieldpoint is based in Kingston, Ontario, Canada, and has about 10 employees. The company designs, manufactures and sells advanced digital geotechnical instruments, and has customers worldwide. The products, which include ground movement sensors and telemetry solutions, are primarily used for underground mining, tunnelling, and civil construction applications. Yieldpoint’s solutions help digitalise the ground support and create a safer working environment.
Epiroc announced on 28 May 2024 that it had agreed to acquire the business of Yieldpoint.
This article was originally published by a www.globalminingreview.com
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