Why construction equipment OEMs are making acquisitions

Lucy Barnard Senior Web editor

13 January 2023

Eager to benefit from a post-pandemic demand for equipment, construction equipment manufacturers have been engaged in an arms race to buy up technology firms to make their machines more efficient, more environmentally sustainable and safer. Lucy Barnard reports.

Ola Kinnander, media relations manager at mining equipment giant Epiroc, reels off a list of names; Mernok Elektronik (South Africa), Remote Control Technologies (Australia), Wain-Roy (US), RNP Mexico; just a few of the companies the mining equipment giant has acquired in 2022.

“Acquisitions are part of our strategy for…

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