MINING

Epiroc to acquire South African rock drilling parts manufacturer - Weco

Epiroc has agreed to acquire the business of Weco Proprietary Ltd, a South African manufacturer of precision-engineered rock drilling parts and provider of related repairs and services.

 Weco’s facility near Johannesburg, South Africa

Weco’s facility near Johannesburg, South Africa

Weco, which is based near Johannesburg, South Africa, has more than four decades of industry experience, about 80 employees and had revenues in the fiscal year ending May 31, 2023, of about ZAR160 million (US$8 million). Weco's customers are mainly underground mining companies in the Southern African region. 

"This acquisition will strengthen our manufacturing capabilities and expand our product portfolio of spare parts in the growing and important African region," Helena Hedblom, Epiroc's president and CEO, said. "We look forward to welcoming the strong team at Weco to the Epiroc Group."

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