Normet buys Essverk
- Publishing Date
- 18 Aug 2011 3:12pm GMT
- Author
- Mining Magazine
Drilling & Blasting
Normet Group has announced the acquisition of Swedish mining and tunnelling equipment manufacturer Essverk Berg. The deal will be completed on September 1.
“The acquisition of Essverk gives Normet a physical presence in Sweden and allows us to better serve our customers in Sweden and Norway,” said Aaro Cantell, chairman of Normet Group. “Essverk will be the base for our operations in Sweden and Norway and we have a strong commitment to develop and grow the combined business, under the new name of Normet Scandinavia.”
Tom Melbye, president of Normet Group added “Essverk completes the Normet product range with its expertise in truck-based and lifting equipment and also provides extra manufacturing capacity. The company will be the development and competence centre for truck-based equipment, including existing Essverk offerings, concrete spraying equipment and new developments.”
“The acquisition of Essverk gives Normet a physical presence in Sweden and allows us to better serve our customers in Sweden and Norway,” said Aaro Cantell, chairman of Normet Group. “Essverk will be the base for our operations in Sweden and Norway and we have a strong commitment to develop and grow the combined business, under the new name of Normet Scandinavia.”
Tom Melbye, president of Normet Group added “Essverk completes the Normet product range with its expertise in truck-based and lifting equipment and also provides extra manufacturing capacity. The company will be the development and competence centre for truck-based equipment, including existing Essverk offerings, concrete spraying equipment and new developments.”
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