Epiroc announced plans to acquire CR (formerly known as CR Mining), an Australia-based provider of advanced ground engaging tools (GET) and related digital solutions mainly for the mining industry. The acquisition would enhance Epiroc’s underground product line and expand its presence in open-pit mining with a first-rate offering of consumables and digital solutions.
Headquartered in Brisbane, Australia, CR operates globally. The company’s products include cast lips, teeth, and protective shrouds installed on mining buckets and loaders. Its digital solutions include the real-time GET loss detection system GET Trakka and the Titan 3330 payload management system. The solutions strengthen safety and productivity, protecting against expensive mining operations delays. CR’s GET offering covers both surface and underground mining.
“This acquisition will expand our offering of innovative and high-quality consumables and digital solutions that strengthen customers’ productivity and safety,” said Helena Hedblom, Epiroc’s President and CEO. “We look forward to welcoming the CR team to Epiroc.”
In addition, to GET and digital solutions, CR also offers training and extensive on-site support. The company has about 400 employees with revenues of about A$240 million ($165 million) for the 12 months ending September 30, 2022.