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WKN: A3CPHW | ISIN: SE0015658117 | Ticker-Symbol: 3AD2
Frankfurt
04.04.25
08:05 Uhr
15,160 Euro
-0,250
-1,62 %
Branche
Maschinenbau
Aktienmarkt
Sonstige
1-Jahres-Chart
EPIROC AB B Chart 1 Jahr
5-Tage-Chart
EPIROC AB B 5-Tage-Chart
RealtimeGeldBriefZeit
14,10014,34005.04.
GlobeNewswire (Europe)
56 Leser
Artikel bewerten:
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Epiroc Aktiebolag: Epiroc acquires remaining shares of mine connectivity provider Radlink

Finanznachrichten News

Stockholm, Sweden: Epiroc AB, a leading productivity and sustainability partner for the mining and construction industries, has acquired the remaining shares of Radlink, the Australia-based business that provides mines with wireless connectivity solutions. Epiroc acquired a majority shareholding of Radlink, 53%, in 2022, and now owns 100%.

Radlink, headquartered in Perth, Australia, designs, delivers, andintegrates wireless data and voice communication networks and supporting infrastructure to surface and underground mines. Robust wireless networks are vital to support mining automation, including enabling safe and driverless operations through autonomous and teleremote solutions, which in turn strengthen safety and productivity. Radlink's solutions are also fundamental for the digital transformation of mining operations, where getting data to the right place at the right time is crucial for making data-driven decisions.

Radlink has approximately 415 employees and had revenues in 2024 of about MSEK 1 330.

"The innovative team at Radlink is already an integral part of Epiroc, and together we are bringing advanced connectivity solutions to mining customers," says Helena Hedblom, Epiroc's President and CEO. "We look forward to continue providing mining companies with the right digital solutions to strengthen their operations."

On January 16, 2025, Epiroc announced that two mining companies in Australia had ordered Long-Term Evolution (LTE) and digital connectivity solutions that include telecommunications towers, huts and power systems, at a value of more than MSEK 250. The Radlink-provided solutions will strengthen safety and productivity by providing the remotely located mines with reliable, secure and high-speed bandwidth to enable applications such as automation, fleet management, and real-time data.


A Radlink telecommunications tower

For more information please contact:
Ola Kinnander, Media Relations Manager
+46 70 347 2455
media@epiroc.com

Epiroc is a global productivity partner for mining and construction customers, and accelerates the transformation toward a sustainable society. With ground-breaking technology, Epiroc develops and provides innovative and safe equipment, such as drill rigs, rock excavation and construction equipment and tools for surface and underground applications. The company also offers world-class service and other aftermarket support as well as solutions for automation, digitalization and electrification. Epiroc is based in Stockholm, Sweden, had revenues of around SEK 64 billion in 2024, and has almost 19 000 passionate employees supporting and collaborating with customers in around 150 countries. Learn more at www.epirocgroup.com.

© 2025 GlobeNewswire (Europe)
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