Sandvik Mobile Crushing and Screening, a division within Sandvik’s newly formed business area Rock Processing Solutions, has appointed Ferronordic its distributor throughout Russia for mobile crushers and screens. The product portfolio includes a full range of mobile jaw crushers, cone crushers, impact crushers, scalpers and screens. Ferronordic is responsible for sales of new mobile crushing equipment throughout Russia, as well as service and repairs, including warranty service, of Sandvik’s existing fleet in the country.
The statement said: “Sandvik is a premium brand and one of the leading manufacturers of mobile crushing and screening equipment globally. The products are used in a wide range of applications, such as quarries, mining and recycling. The products are frequently used side-by-side with Ferronordic’s existing offering of Volvo CE machines, often by the same customers. Some Sandvik crushers are also equipped with Volvo Penta engines.2
Over time, Ferronordic expects that equipment – and aftermarket sales related to the new products may represent up to 5% of its revenue in Russia. Gross margin and working capital requirements are expected to be comparable to Ferronordic’s existing product offering in Russia/CIS.
The agreement has been signed and is effective immediately. Ferronordic will start marketing and selling the new product range from April 2021. Lars Corneliusson, Ferronordic’s CEO, comments: “Sandvik’s mobile crushers and screens are highly complementary to our current offering in Russia. Sandvik is a premium brand with premium products. I am very pleased to initiate this strategic cooperation.”