Acquisitions and divestments

We create value for our stakeholders by conducting responsible business while striving to achieve sustainable profitable growth. Of course, embedded in our strategy is also to create options for the future. For example, by making acquisitions. Our key criteria for acquisitions are stand-alone attractiveness, strategic fit, synergies, and the potential to become or remain market leader. 
Date Completed acquisitions Divestments Business Area Revenues, MSEK* Number of employees
2026 Aug 4Eventspec Proprietary Limited Equipment & Service 160125
2025 Apr 2Radlink (remaining share) Equipment & Service1 330415
2024 Sep 4ACB+ Tools & Attachments 325140
2024 July 3ASI Mining (remaining share) Equipment & Service300 
2024 June 17Yieldpoint Tools & Attachments  10
2024 May 3Weco Proprietary Limited Equipment & Service9080
2024 Apr 1Stanley Infrastructure  Tools & Attachments 4 7251 380
2023 Jun 2Key assets of Schramm Australia Equipment & ServiceNA 85
2023 Apr 3AARD Mining Equipment Equipment & Service650200
2023 Feb 2CR Tools & Attachments1 700 400
2023 Feb 2Mernok Elektronik Equipment & Service5045
2022 Dec 1Remote Control Technologies (RCT) Equipment & Service600225
2022 Nov 4Wain-Roy Tools & Attachments200100
2022 Nov 1 Radlink Equipment & Service1 040330
2022 Oct 14Geoscan Equipment & Service6550
2022 Aug 2RNP México Equipment & Service245370
2022 Jun 1JTMEC Equipment & Service 235190
2021 Nov 3FVT Research Equipment & Service2725
2021 Nov 2Mobilaris MCE AB (remaining share) Equipment & Service

6050
2021 Aug 10DandA Heavy Industries Tools & Attachments21060
2021 July 7Mining Tag S.A Equipment & Service65120
2021 July 2Meglab Equipment & Service335240
2021 June 43D-P  Equipment & Service

11050
2021 June 1Kinetic Logging Services Pty Ltd Equipment & Service195180
2021 May 4MineRP Equipment & Service135200
2020 Aug 26ItalParts Equipment & Service 2
2019 Oct 23 Consumables manufacturing facilityTools & Attachments -40
2019 Sep 3 Geotechnical consumablesTools & Attachments
-275-40
2019 Apr 2New Concept Mining -Tools & Attachments645900
2019 Feb 1Noland Drilling Equipment-Equipment & Service 8
2019 Jan 3Fordia-Tools & Attachments580250
2018 Nov 2Sautec-Equipment & Service 6
2018 Oct 30ASI Mining (34%)** -Equipment & Service55 
2018 Feb 1Hy-Performance Fluid Power-Equipment & Service5026
2018 Jan 3Rock Drill Services Australia-Equipment & Service9037
2018 Jan 3Cate Drilling Solutions-Equipment & Service 35
2018 Jan 2Renegade Drilling Supplies-Tools & Attachments 22
2017 Jul 4Mobilaris MCE AB (34%)**-Equipment & Service30 
2017 Feb 2Erkat-Tools & Attachments11038
2014 Feb 3Geawelltech-Equipment & Service 19
2013 Oct 17Archer Underbalanced Services-Tools & Attachments23075
2013 Apr 3MEYCO-Equipment & Service19045
2013 Mar 5Shandong Rock Drilling Tools Co., Ltd.-Tools & Attachments420687
2012 Oct 26NewTech Drilling Products, LLC.-Tools & Attachments4520
2012 Jan 31Neumatica - Colombian distributor-Equipment & Service 15
2012 Jan 31GIA Industri AB-Equipment & Service230113
2012 Jan 12Perfora S.p.A-Equipment & Service9043

* Annual revenues and number of employees at time of acquisition. For distributors, revenues are not disclosed. For divestments, latest reported annual revenues are given.
**Not consolidated