Epiroc has announced its second acquisition in two weeks, adding 3D-P, a Canada-based company that provides wireless connectivity solutions for surface mining, to its expanding portfolio.
3D-P, based in Calgary, provides reliable wireless connectivity solutions for mining companies within surface mining.
As Epiroc explains, a robust wireless network is crucial to enable mining automation, including teleremote and autonomous operations. 3D-P is active in North America, Chile, Peru and Australia, offering a variety of networking solutions to miners including “hybrid LTE”. It has about 50 employees and had revenues in 2020 of about $12 million, according to Epiroc.
The 3D-P buy follows an announcement on May 28 that Epiroc had agreed to acquire Kinetic Logging Services Pty Ltd, an Australia-based company that provides mining companies with geophysical logging services.
Helena Hedblom, Epiroc’s President and CEO, said having reliable, high-quality wireless connectivity is key for mining companies that invest in automation and digitalisation to strengthen safety and productivity.
“We are happy to welcome the excellent team at 3D-P to Epiroc,” she said. “Together we will ensure that our customers succeed on their automation and digitalisation journey.”