Epiroc Announces Acquisition of Stanley Infrastructure for $760 Million

December 15, 2023，Epiroc announced that it will be 7..$600 million（About SEK 7.8 billion）The cash transaction price of，Acquisition of Stanley Black & Decker, a world-renowned manufacturer of Excavator accessories and hand-held hydraulic tools﹣﹣Stanley Infrastructure。

The acquisition is expected to close in the first quarter of 2024.。

Stanley Infrastructure is a business of Stanley Black & Decker Group's Industrial Division.，Headquartered in Milwaukee, Oregon, USA，Main design、Manufacturing and sales of Excavator accessories，And widely used in infrastructure、Architecture、Waste recycling、Hand-held hydraulic and electric tools for demolition and railway infrastructure，Owns Stanley.、Lebonte、Piladin、Famous brands such as Penggao and Dubairui。

Stanley Infrastructure 2023 Revenue Forecast 4.500 million to 4.$700 million（4.6 to 4.8 billion Swedish kronor），Most of the revenue comes from the North American market.， EBITDA The profit margin is more than 15%，It has about 1380 employees（Mainly in the United States），In America、 Canada 、France and China have 10 production plants.。

This strategic acquisition will strengthen Epiroc's position in the infrastructure and building accessories market.，Especially in the US market.。

President and CEO of Epiroc CEO Helena Hedblom The lady said：Stanley is a well-known brand in the infrastructure industry，Leading products、Services and Solutions，Strong customer relationships and a strong human culture，Perfect fit with Epiroc。The product lines of both sides complement each other，The acquired product line fills an important gap in Amberto's existing product line.。In addition，Its extensive indirect sales network，It will further expand the market coverage of Apex.，Support long-term growth in the infrastructure and construction sectors。

President, Epiroc Tools & Accessories Business Unit Goran Popovski Express：Epiroc will be more comprehensive through、Continuously innovative product portfolio，Meet customers' growing demands for versatility and productivity。

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