March 31 (Reuters) - Epiroc AB EPIRa.ST :
* EPIROC TO ACQUIRE MINING ELECTRIFICATION SOLUTIONS PROVIDER
* EPIROC TO ACQUIRE MINING ELECTRIFICATION SOLUTIONS PROVIDER
* ACQUISITION IS EXPECTED TO BE COMPLETED IN Q2 2021
* PURCHASE PRICE IS NOT MATERIAL RELATIVE TO EPIROC'S MARKET CAPITALIZATION AND IS NOT DISCLOSED.
* BUSINESS WILL BECOME PART OF EPIROC'S PARTS & SERVICES DIVISION AND WILL CONTINUE TO BE BASED IN CANADA.
* AGREED TO ACQUIRE MEGLAB, A CANADIAN COMPANY WITH EXPERTISE IN PROVIDING ELECTRIFICATION INFRASTRUCTURE SOLUTIONS TO MINES