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Epiroc Acquires Stanley Infrastructure to Increase US Presence

Epiroc, a Sweden-headquartered major global market manufacturer of drill rigs and hydraulic breakers for the quarrying and mining industries, has completed the acquisition of STANLEY Infrastructure, a global manufacturer of excavator attachments and handheld hydraulic tools, from Stanley Black & Decker, Inc.

Breaking, Drilling & Blasting / April 2, 2024

Epiroc’s recent acquisition of STANLEY Infrastructure marks a significant expansion in its capabilities and presence in the United States, particularly in the attachments business for the infrastructure and construction sectors. This move is strategic for several reasons, particularly in the current climate of aging and increasingly inadequate infrastructure across the U.S. and other parts of the world. Here’s a deeper dive into the implications and potential outcomes of this acquisition:

Strategic Expansion at Epiroc

  • Enhanced Product Portfolio: By acquiring STANLEY Infrastructure, Epiroc diversifies and strengthens its product offerings in the infrastructure sector. STANLEY’s range of products, including hydraulic and battery-powered tools, excavator attachments, and mobile shear attachments for scrap recycling, complements Epiroc’s existing portfolio centered around drill rigs and hydraulic breakers. This broadened range can cater to a more extensive array of needs in construction, demolition, and recycling operations.
  • Increased Market Penetration: STANLEY Infrastructure brings with it a substantial market footprint in North America, a region where it generates the vast majority of its revenues. This is particularly beneficial for Epiroc, which can now leverage STANLEY’s established distribution channels and customer base in the U.S. to enhance its market penetration and serve a broader customer base.
  • Innovation and Development: STANLEY is noted for its strong brands like LaBounty, Paladin, Pengo, and Dubuis, which are associated with innovation and quality. Integrating these brands with Epiroc’s technological expertise and R&D capabilities could foster enhanced product development, potentially leading to more advanced and efficient solutions in material handling, construction, and demolition.

Financial and Operational Synergies

  • Revenue Growth: With STANLEY Infrastructure’s 2023 revenues of about $450 million, the acquisition significantly boosts Epiroc’s financial scale. The synergy between Epiroc’s global reach and STANLEY’s strong North American presence is likely to drive revenue growth through cross-selling and new market entries.
  • Cost Efficiency: Operating efficiencies are expected as Epiroc integrates STANLEY’s operations. These may come from streamlined manufacturing processes, reduced overhead costs, and optimized supply chain management due to combined operations across key production facilities in the U.S., Canada, France, and China.
  • All-Cash Transaction Stability: The all-cash nature of the $760 million acquisition implies a straightforward financial transaction that avoids complexities like stock valuation issues, providing immediate value to shareholders and stability to the business structure during the integration phase.

Market and Economic Implications

  • Strengthening U.S. Infrastructure: At a time when U.S. infrastructure is increasingly viewed as insufficient and in decline, the entry of a strengthened Epiroc, with its comprehensive suite of products and services, is timely. Epiroc can play a crucial role in infrastructure renewal projects, from roads and bridges to urban development.
  • Global Competitiveness: This acquisition not only solidifies Epiroc’s competitive edge in the U.S. It also enhances its standing globally against competitors in the construction and mining equipment sectors. The expanded capabilities and resources can improve Epiroc’s ability to compete on international projects and bids.


Epiroc’s acquisition of STANLEY Infrastructure is a well-calculated move that aligns with its strategic goals to enhance its market presence, diversify its product lines, and capitalize on the growing demand for infrastructure renewal. As Epiroc integrates STANLEY’s operations, it will likely see financial benefits and significant operational and strategic advantages, positioning the company well to address our current and future infrastructure challenges.

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Picture of Dan Duszynski

Dan Duszynski

CEO and President of Resource Erectors, Inc.. A search and recruitment firm serving the mining and mineral processing, and civil construction industries of North America.


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