Epiroc has completed the acquisition of CR, an Australia-based provider of advanced ground engaging tools (GET) and related digital solutions mainly for the mining industry.
With this acquisition, Epiroc is expanding its offering of essential consumables and digital solutions.
With headquarters in Brisbane, CR operates globally with a portfolio of cast lips, teeth and protective shrouds installed on mining buckets and loaders.
The company’s digital solutions include the real-time GET loss-detection system GET Trakka and the Titan 3330 payload management system.
The solutions are designed to strengthen safety and productivity, and protect against expensive delays in the mining operations. CR’s GET offering covers surface and underground mining.
Epiroc first announced the deal in December 2022.
“This acquisition will expand our offering of innovative and high-quality consumables and digital solutions that strengthen customers’ productivity and safety,” Epiroc president and chief executive officer Helena Hedblom said.
“We look forward to welcome the strong team at CR to Epiroc.”
The acquisition is the latest in the company’s push to expand its smart portfolio.
Last November, Epiroc announced its Smart and Green series in the next step in highlighting the benefits of zero-emission technology and automation.
Epiroc vice president sales and marketing at the underground division Sarah Hoffman said the company remains committed to providing green technology.
“Mining is an essential part of modern society and crucial in the shift to fossil-free energy sources,” she said.
“We want to provide the equipment to mine the required metals and minerals in the most sustainable way possible.”