Epiroc Splits Tools & Attachments Division and Appoints New Division President
STOCKHOLM, SWEDEN -- Epiroc, a leading productivity and sustainability partner for the mining and construction industries, is further strengthening the focus on its tools and attachments business. The company will split the Tools & Attachments division into two divisions and appoint a new division president.
In recent years, the Tools & Attachments division has expanded significantly through organic and inorganic growth, and will become significantly larger after the completion of the acquisition of STANLEY Infrastructure. To sustain optimal focus on each business line and continue fostering profitable growth, Epiroc will from May 1, 2024, split the Tools & Attachments division into these two new divisions: the Rock Drilling Tools (“Tools”) division and the Mining & Infrastructure Attachments (“Attachments”) division. Martin Hjerpe, currently senior vice president M&A, Strategy and Supply Chain, will become president of the Tools division. Goran Popovski, currently president of the Tools & Attachments division, will become president of theAttachments division.