Melcofin has advised Epiroc, the leading international Swedish mining equipment and infrastructure group on the AARD in South Africa

AARD, based near Johannesburg, South Africa, designs, manufactures, services and supports a wide range of mining equipment, specializing in low-profile underground machines for mines with low mining heights. The high-quality products include drill rigs, bolters, loaders, scalers, and more. The company’s customers are mainly in the Southern Africa region. AARD has approximately 200 employees and had revenues in the fiscal year ending June 30, 2022, of about MSEK 650.  

Melcofin advisor to Epiroc: 

Alexander von Mellenthin mentioned – together with our colleagues in South Africa, we are delighted to have advised another international group to broaden its presence in South Africa and SADC countries, thus helping international clients to evaluate different South African market-entry platforms and being able to interact with reputable local Black Empowerment (BEE) partners.