# Epiroc to acquire Innovative Mining Products (New Concept Mining)

Epiroc agreed to acquire Innovative Mining Products, a South African manufacturer of rock reinforcement products for underground mining. The acquisition is expected to close in Q1 2019.

- Type: Acquisition
- Announced: 2018-11-06
- Where: Johannesburg, South Africa
- Jobs: 900
- Status: announced
- Products: underground mining roof support products, rock monitoring systems and related accessories
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Epiroc](https://endata.com/companies/12991.md) (acquirer)
- [Innovative Mining Products](https://endata.com/companies/35337.md) (target)

## Sources

- [epirocgroup.com](https://www.epirocgroup.com/en/media/corporate-press-releases/2018/20181106-epiroc-to-acquire-south-african-underground-rock-reinforcement-products-manufacturer), 2018-11-06: "This acquisition will enable us to strengthen our global position in the hard rock bolting market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.