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February 1, 2019
“Through this acquisition we expand our presence within water well drilling in this important region,” said Helena Hedblom, Epiroc’s Senior Executive Vice President Mining and Infrastructure. “We are happy to welcome the solid team at Noland Drilling Equipment to Epiroc.”
The purchase price is not material relative to Epiroc’s market capitalization and is not disclosed. Noland Drilling Equipment becomes part of Epiroc’s Mining and Rock Excavation Service division.