Epiroc has agreed to acquire ACB+, a manufacturer of attachments and related couplers used in construction.
ACB+ is based in Saint Lager, France, and has several production facilities in the country. It manufactures attachments and quick couplers used on excavators for construction as well as scrap recycling and demolition.
Quick couplers are used with carriers, typically excavators, to enable safe and efficient change of attachments, such as buckets and hydraulic tools.
The company has 60 years of experience in manufacturing attachments, and more than 150,000 machines have been equipped with its original system.
“ACB+ is known for its competence and high-quality products and solutions. This acquisition will strengthen our offering of quick couplers and attachments, thereby providing customers a more complete portfolio of productivity-enhancing products and solutions,” said Helena Hedblom, Epiroc’s President and CEO.
“We look forward to welcoming the strong team at ACB+ to Epiroc to grow together in the long-term.”
The company is well-known in France and has customers throughout Europe. It had revenues of about $47 million in the 12 months through March 31, 2024, and has about 140 employees.
The acquisition is expected to be completed in the third quarter 2024. The parties have agreed to not disclose the acquisition price as the transaction is not subject to a disclosure obligation pursuant to the EU Market Abuse Regulation.
The ACB+ purchase follows the completion of Epiroc’s acquisition of Stanley Infrastructure from Stanley Black & Decker Inc.
Stanley Infrastructure is headquartered in Milwaukie, Oregon. It 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.
Its brands include LaBounty, Paladin, Pengo and Dubuis.
Epiroc also recently completed the acquisition of Weco Proprietary Limited, a South African manufacturer of precision-engineered rock drilling parts and provider of related repairs and services. Weco is based near Johannesburg, South Africa.
