Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
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Atlas Copco Italia has acquired Perfora, an Italian company that manufactures and sells drilling and cutting equipment for the dimension stone industry, i.e. quarries that produce raw stone blocks. Perfora is a privately owned company based in Bagnolo, northern Italy. It has annual revenues of about €10 million. The products, which include diamond wire saws and drill rigs specifically designed for dimension stone applications, are distributed through direct sales and local dealers in selected countries around the world. (more…)
