# Epiroc to acquire AARD Mining Equipment

Epiroc signed an agreement to acquire AARD Mining Equipment, a South African manufacturer of low-profile underground mining equipment, to strengthen its growth in Africa and beyond.

- Type: Acquisition
- Announced: 2022-10-24
- Where: near Johannesburg, South Africa
- Status: announced
- Products: drill rigs, bolters, loaders, scalers
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Epiroc](https://endata.com/companies/12991.md) (acquirer)
- [AARD Mining Equipment](https://endata.com/companies/64914.md) (target)
- [RCT](https://endata.com/companies/64944.md) (target)

## Sources

- [e-mj.com](https://www.e-mj.com/departments/suppliers-report/epiroc-to-acquire-aard-2/), 2022-10-24: "This acquisition will further strengthen our growth ambitions in Africa and beyond."
- [miningmagazine.com](https://www.miningmagazine.com/fleets/news/1444373/epiroc-completes-rct-acquisition), 2022-12-01: "Epiroc said it plans to leverage the company's products to become a 'world-leading automation solutions provider'."

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