Mimir Invest acquires geotechnical consumables product line from Epiroc

Avance advises Mimir Invest AB, the investment firm, in its acquisition of Epiroc AB’s geotechnical consumables product line, and related financing arrangements.

With manufacturing sites in Scotland, Finland and the United States, the geotechnical drilling consumables product line is a global market leader providing primarily down-the-hole hammers and related drill bits and casing advancement systems. Its customers are found in the infrastructure, construction, oil & gas and scientific industries.