MANAGEMENT

Normet acquires Meyco

Normet has agreed to acquire the assets of the Meyco dry spraying business from Atlas Copco

Staff reporter

This article is 8 years old. Images might not display.

According to the agreement, Normet will retain the right to use the Meyco brand name for the Piccola and GM dry mix concrete spraying pumps for two years from the transfer date.

The dry spraying business has been the foundation of Meyco for over 50 years. In 2013, Atlas Copco acquired the Meyco Equipment business from BASF Construction Chemicals Europe.

Tom Melbye, president of Normet Group and managing director of Normet International, commented: “This acquisition is a good strategic fit for Normet as it broadens the offering for our existing customers in mining and tunnelling. It also complements our offering of new technologies in construction chemicals, especially with respect to the application of the Tamseal 800 waterproofing sprayable membrane.”

The acquired business will form Normet’s Meyco dry spraying product line, which will be headed by Tom Kurth, former managing director of Meyco Equipment and business development manager for Atlas Copco Meyco.

The manufacturing of the dry spraying products will continue in Switzerland to maintain their high quality, Normet confirmed. Sales and service of the dry spraying products will be handled through established distributors as well as Normet’s own worldwide network. The distribution and logistics of spare parts will be managed by Normet’s Global Logistics Center in the Netherlands.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production