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Epiroc acquires Remote Control Technologies
Epiroc has acquired a mining automation company, in what the CEO said will help their clients achieve “optimal operations”.
Lauren Croft
Firm: Piper Alderman (Epiroc)
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Deal: Piper Alderman has advised Epiroc on its acquisition of Remote Control Technologies (RCT), a global provider of automation, information and protection system solutions in the mining industry.
Value: Undisclosed
Area: M&A
Key players: Partner Paul Sartori led the Piper Alderman team, with support from associate Egor Serov and lawyer Charlotte Boston.
Deal significance: RCT, headquartered in Perth, has customers in more than 70 countries. The company provides automation and remote-control solutions applicable for either a single machine or an entire mixed fleet of machines regardless of manufacturer or type of equipment.
Helena Hedblom, Epiroc’s president and CEO, said that “automation is increasingly important for the mining industry to strengthen safety and productivity, and RCT’s advanced solutions complement Epiroc’s existing automation offering well.”
“Together, we will provide complete automation and remote-control solutions to support our customers on their journey towards optimal operations,” she said.
Commenting on the deal, Mr Sartori added:
“We are pleased to assist Epiroc with another acquisition, following on from our role on the Geoscan deal, and we look forward to continuing to help it on all aspects of its legal needs as it continues its growth in this region.”
