Epiroc AB (publ) (OM:EPI A) agreed to acquire 53% stake in Radlink Pty Ltd on September 19, 2022. The Radlink Pty Ltd has approximately 330 employees and had revenues in the fiscal year ending June 30, 2022, of about AUD 145 million. The transaction is not subject to a disclosure obligation pursuant to the EU Market Abuse Regulation. The acquisition is expected to be completed in the fourth quarter 2022. Borden Ladner Gervais LLP acted as legal advisor to Epiroc AB.
Epiroc AB (publ) (OM:EPI A) completed the acquisition of 53% stake in Radlink Pty Ltd on November 1, 2022.