Swedish-based eqipment manufacturer Atlas Copco has bought Christensen Products, a division of Kansas-based Layne Christensen.
Christensen Products is a leading supplier of diamond core drill rigs.
The acquisition makes Atlas Copco the largest supplier of mining-related diamond drill bits and equipment in the world.
Christensen Products will continue to supply parts to Layne-Christensen Contracting Group.
Altas Copco is head-quartered in Stockholm and employs more than 26,000 people worldwide.
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