Articles for tag: autonomous, buys, Epiroc, mining, providerASI, remaining, solutions, stake

May 30, 2024

Ron Finklestien

mining

Epiroc buys remaining stake in autonomous solutions provider ASI Mining

In 2023, ASI had revenues of about 300 million Swedish crowns ($28 million) in 2023. “Epiroc and the innovative team at ASI Mining are already collaborating closely to bring the most advanced automation solutions to mining customers,” says Helena Hedblom, Epiroc’s president and CEO. “We look forward to complementing their solutions fully with our offering and together continue supporting customers on their automation journey.” The acquisition of the remaining share requires regulatory approval from US competition authorities, and is expected to be completed in the third quarter 2024. The parties have agreed not to disclose the purchase price as the

April 22, 2024

Ron Finklestien

mining

Datamine expands asset management solutions with Samtech acquisition

Stock image. Datamine is expanding its asset management solution offerings through parent company Vela’s acquisition of Samtech. Based in Santiago, Chile, Samtech is a supplier of fleet management, machine performance, and telematics software and hardware. Samtech serves a variety of industries including mining, construction, and rental fleets in the Latin American market.  Samtech’s fleet management solution enables deployment of a comprehensive management suite that combines operational, logistic, and administrative data. Sign Up for the Suppliers Digest