January 3, 2019
Fordia's Hero 7 diamond drill bit
Epiroc announced on October 23, 2018, that it had agreed to acquire Fordia. The purchase price is not material relative to Epiroc’s market capitalization and is not disclosed. The business becomes part of Epiroc’s Rock Drilling Tools division, and will continue to be based in Montreal. To learn more about Fordia, please see www.fordia.com.