Atlas Copco acquires Erkat 26 Jan 2017

Erkat, German manufacturer of rock-cutting excavators, is to be acquired by Atlas Copco. The parties agreed not to disclose the purchase price.

Erkat transverse drum cutter

“Drum cutters are an ideal complementary product for Atlas Copco as a solution provider in rock excavation, tunnel and foundation profiling and demolition,” said Andrew Walker, President of the Atlas Copco construction technique business area. “Erkat has a highly qualified team which will be a valuable asset as we help customers increase productivity.”

The acquisition is expected to complete in early 2017 and the business will become part of the construction tools division of the Atlas Copco construction technique department.

The Erkat business has 38 employees and revenues in 2015 of €12 million. Based in Hamburg, Erkat has sales and service locations worldwide, and is known for quality and continuous innovation.