Normet Group is acquiring Swedish Essverk Berg AB as of September 1, 2011. Normet will acquire the entire equipment and service business for mining and tunneling, including relevant assets and employees. Essverk Berg AB employs 25 professionals in Ludvika Sweden.
“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 Group. “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 AB.”
“From a technology point of view,” Tom Melbye, President of Normet Group, says, “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 center for truck based equipment including existing Essverk offering, concrete spraying and new developments.”
“Joining Normet, on the other hand, provides Essverk Berg AB 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 AB.
“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 AB. ”Normet Scandinavia will continue the sales and service of Essverk’s specialized offering and will also provide sales and Life Time Care services for Normet equipment and construction chemicals offering in the area.”
Essverk Berg AB is a subsidiary of Essverk AB, a company founded 1958 in Ludvika, Sweden, and is specialized in development, manufacturing, and servicing of 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 tunneling contracting and installation work. Through high quality products and services Essverk has over the years achieved a strong position in the Swedish and Norwegian tunneling market and established a well respected brand. The company has its headquarters and manufacturing plant in Ludvika, Sweden. Essverk employs today about 30 people.
For further information please contact:
Tom Melbye, President Normet Group and
Managing Director Normet International Ltd
tel. direct: +41(0)41 768 5201
mobile: +41 (0)79 449 8555,
Pentti Köylijärvi, Managing Director Normet Scandinavia AB
tel. direct: +41 41 768 5215
mob.: +41 79 263 1382