Piper Alderman assists Epiroc acquire leading provider of mining automation services
08/12/2022
Piper Alderman has advised Epiroc on its acquisition of Remote Control Technologies (RCT), a leading global provider of automation, information and protection system solutions in the mining industry.
RCT, headquartered in Perth, Australia, has customers in more than 70 countries. The company provides automation and remote-control solutions applicable for either a single machine or an entire mixed fleet of machines regardless of manufacturer or type of equipment. RCT also provides data and information systems, fleet and machine management systems, and machine protection systems.
Helena Hedblom, Epiroc’s President and CEO said:
“Automation is increasingly important for the mining industry to strengthen safety and productivity, and RCT’s advanced solutions complement Epiroc’s existing automation offering well. Together we will provide complete automation and remote-control solutions to support our customers on their journey towards optimal operations.”
Partner, Paul Sartori, led the Piper Alderman team, with support from Associate, Egor Serov and Lawyer, Charlotte Boston. The team advised Epiroc on all aspects of the transaction, including preliminary negotiations, regulatory, due diligence, drafting and negotiating the transaction documents, and addressing various cross-border elements of the deal. A multidisciplinary team, including intellectual property, real estate, tax and regulatory, also provided legal support.
Commenting on the deal, Paul Sartori said:
“We are pleased to assist Epiroc with another acquisition, following on from our role on the Geoscan deal, and we look forward to continuing to help it on all aspects of its legal needs as it continues its growth in this region.”
Related media coverage
- Epiroc acquires Remote Control Technologies – Lawyers Weekly, 8 January 2023