Epiroc to Acquire STANLEY Infrastructure

Epiroc AB has agreed to acquire STANLEY Infrastructure, a global manufacturer of excavator attachments and handheld hydraulic tools, from Stanley Black & Decker, Inc. The acquisition will strengthen Epiroc’s presence in the attachments business in infrastructure and construction, especially in the United States.

STANLEY Infrastructure is headquartered in Milwaukie, Oregon, United States and designs, manufactures, and sells attachments, typically used on excavators, and handheld hydraulic and battery-powered tools for applications in infrastructure, construction, scrap recycling, demolition, and railroad infrastructure.

“We are very excited about this strategic acquisition, which is a major step to strengthen our long-term presence in the infrastructure and construction industries. STANLEY Infrastructure has industry-leading products, services and solutions with renowned brands, solid customer relationships, and a strong people culture, which all makes this a perfect fit for Epiroc. Our product portfolios complement each other very well, and this fills some important gaps in our current offering. In addition, we gain access to a broad indirect sales network, which will further diversify and strengthen our footprint. Infrastructure and construction have attractive drivers that include urbanization and scrap recycling for steel production, which will support long-term growth.” said Helena Hedblom, Epiroc’s President and CEO.

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