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Splitting Into Two Companies

, the huge Swedish-based diversified manufacturer, said Monday it intends to split into two listed companies, one focused on industrial customers and the other focused on mining/civil engineering customers.

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Epiroc cements split with Nasdaq listing

As such, Epiroc's aim as a company is to provide equipment, solutions and services for mining, infrastructure and natural resources customers as opposed to 's more industrial focus.

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unveils Epiroc management team World Pumps

AB has selected the management team for Epiroc AB, the company that it plans to dividend out next year. Having announced in July that Per Lindberg would be appointed president and CEO of Epiroc, has now named the other four members of the new company's management team.

has agreed to divest its road construction

is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems.