# Epiroc to purchase key assets of Schramm Australia

Epiroc agreed to purchase key assets of Schramm Australia, a manufacturer of reverse circulation drilling products, including intellectual property, two production facilities near Perth, and two service centers in Queensland and South Australia. The deal is expected to close in Q2 2023.

- Type: Acquisition
- Announced: 2023-05-17
- Where: Perth, Queensland, South Australia, Australia
- Status: announced
- Products: reverse circulation drilling products
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Epiroc](https://endata.com/companies/12991.md) (acquirer)
- [Schramm Australia](https://endata.com/companies/70340.md) (target)

## Sources

- [epirocgroup.com](https://www.epirocgroup.com/en/media/corporate-press-releases/2023/20230517-epiroc-to-purchase-key-assets-in-australian-mining-equipment-manufacturer), 2023-05-17: "The Schramm products and brand are well known as a global leader in reverse circulation technology."

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