Epiroc to Acquire French Attachment Maker

May 24, 2024
ACB+ has annual revenue about $34 million.

Epiroc has agreed to acquire ACB+, a manufacturer of attachments and related couplers used on excavators.

The France-based manufacturer has several production facilities in the country where it manufactures attachments and quick couplers used on excavators for construction as well as related areas such as scrap recycling and deconstruction.

It markets throughout Europe and had revenues of about $34 million in the 12 months through March 31, 2024. It employees 140.

“ACB+ is known for its competence and high-quality products and solutions, said Helena Hedblom, Epiroc president/CEO, in a statement. “This acquisition will strengthen our offering of quick couplers and attachments, thereby providing customers a more complete portfolio of productivity-enhancing products and solutions.”

The acquisition is expected to be completed in the third quarter 2024. The parties have agreed not to disclose the purchase price as the transaction is not subject to a disclosure obligation pursuant to the EU Market Abuse Regulation.