Normet is acquiring Swedish Essverk Berg as of September 1, 2011. Normet will acquire the entire equipment and service business for mining and tunnelling, including relevant assets and employees. “The acquisition of Essverk gives Normet a physical presence in Sweden and allows us to better serve our customers in Sweden and Norway,” says Aaro Cantell, Chairman of Normet. “Essverk will be the base for our operations in Sweden and Norway and we have a very strong commitment to develop and grow the combined business, under the new name of Normet Scandinavia.”
“From a technology point of view,” Tom Melbye, President of Normet Group, said, “Essverk is completing very well the Normet product range with its expertise in truck-based and lifting equipment and also provides extra manufacturing capacity. The company will also be the development and competence centre for truck based equipment including existing Essverk offering, concrete spraying and new developments.”
“Joining Normet, on the other hand, provides Essverk Berg and its employees with an interesting future perspective in terms of growth potential and development,” says Tryggve Sjöberg, current owner of Essverk and designated Head of Sales and Service for Normet Scandinavia.
“Having a strong local presence in Sweden and Norway will allow Normet to be in closer contact with its customer base in Sweden and Norway and provide improved service and spare parts supply levels”, says Pentti Köylijärvi, designated Managing Director of Normet Scandinavia. ”Normet Scandinavia will continue the sales and service of Essverk’s specialised offering and will also provide sales and Life Time Care services for Normet equipment and construction chemicals offering in the area.”
Normet is a globally operating and fast growing Finnish technology company. It provides advanced solutions for selected customer processes in underground mining. The group develops, manufactures and markets machines as well as construction chemicals for underground processes such as tunnel support by mobile robotised concrete spraying, automated explosive charging and underground logistics. Normet’s offering includes a comprehensive range of life time care services around the equipment and around the processes they are used for. Normet says it “is the global market leader in its market segment. Normet has its own sales and service companies in five continents, 20 countries and 25 locations. The Group’s Net sales in 2010 was over EUR100 million. Normet currently employs over 600 business professionals.
Essverk Berg is a subsidiary of Essverk AB, a company founded 1958 in Ludvika, Sweden, where it employs 25 professionals, and develops, manufactures and services equipment for rock and tunnel works, excavators and industrial applications such as, for example, truck-based lifting platforms, equipment for assembling concrete elements for tunnel lining, etc. Essverk also performs demanding tunnel contracting and installation work.