Epiroc, a leading partner in productivity and sustainability for the mining and infrastructure industries, has acquired Mining TAG S.A., a Chilean company that provides sensor-based solutions to enhance safety and productivity in mines by making operations smarter.
Mining TAG, headquartered in Santiago, Chile, develops and implements sensor-based solutions that enable monitoring, automation, and process improvement in mining operations. The solutions are primarily used in underground mining.
The company's solutions include MT OneMine for increased productivity and MT Guardian to enhance operational safety. Mining TAG operates in several Latin American countries. It has approximately 120 employees and generated revenues of approximately USD 7 million (SEK 65 million) in 2020.
"Smart mining solutions are the future," said Helena Hedblom, President and CEO of Epiroc. "Together with the innovative team at Mining TAG, we will strengthen our offering of intelligent digitalization for customers in Latin America and beyond," added the executive.
"At Mining TAG, we believe this is the best path to enhance our regional reach, and we trust Epiroc's vision as an ally in our digitalization process," explained Sergio Valenzuela, General Manager of Mining TAG.
Epiroc is a leading global partner in productivity for the mining and infrastructure industries. With innovative technology, Epiroc develops and manufactures innovative, safe, and sustainable drilling equipment, rock excavation tools, and construction equipment.
The company offers world-class services and solutions for automation and interoperability. Epiroc is headquartered in Stockholm, Sweden, with revenues of SEK 41 billion in 2019 and over 14,000 passionate employees supporting and collaborating with customers in more than 150 countries. Learn more at www.epirocgroup.com.
Epiroc Chile S.A.C. has its headquarters, service workshop, and distribution center in Santiago, with branches in Calama, Antofagasta, and Copiapó, as well as a commercial office in Iquique. In Chile, it has over 530 expert collaborators in mining equipment, solutions, and services. Learn more at www.epiroc.cl