Erkat, based in Hämbach, Germany, has sales and service locations worldwide, and makes drum cutter attachments for excavators used primarily in construction and demolition and for quarries and tunnels.
Erkat has 38 employees and had revenues in 2015 of €12 million (SEK 110 million).
“Drum cutters are an ideal complementary product for Atlas Copco as a solution provider in rock excavation, tunnel and foundation profiling and demolition,” said Vladimir Kozlovskiy, President of Atlas Copco´s Construction Tools Division.
In demolition and rock excavation today, a new technology is breaking through, mainly driven by legislation, to reduce sound and vibration, but also due to better performance in certain applications and material properties.
“Drum Cutters close the gap in certain applications between the ordinary buckets which are suitable for soil excavation and the highly sophisticated hydraulic breakers which are used in hard rock extraction,” adds Kozlovskiy.
The parties have agreed not to disclose the purchase price. The acquisition is expected to be completed in the first quarter of 2017.