SMS Equipment enters Europe with acquisition of Suomen Rakennuskone

SMS Equipment, a Canadian trader of dense machinery, has entered the European marketplace by acquiring Suomen Rakennuskone, a Finnish distributor of operation and mining equipment.

The deal, whose fiscal presumption stay undisclosed, marks SMS Equipment’s archetypal cognition connected the continent.

It adds to the company’s existing businesses successful Alaska and Mongolia.

SMS Equipment president and main enforcement serviceman Robin Heard said: “The acquisition of Suomen Rakennuskone Oy represents an important milestone successful our planetary growth.

“Through the expansion, we’re capable to widen our extent of expertise developed successful planetary mining and operation segments, and enactment with Suomen Rakennuskone Oy to further make these industries successful Finland. Together, we volition germinate our planetary capabilities and fortify the worth we present to each our customers.”

Suomen Rakennuskone, established successful 1992 and headquartered successful Pirkkala, offers dense instrumentality sales, maintenance, spare parts, grooming and method enactment passim Finland.

The institution has subdivision locations successful Kempele, Kuopio, Vantaa and Kevitsa. It holds exclusive rights to administer Komatsu mining and operation machinery successful Finland.

In summation to the operation sector, Suomen Rakennuskone provides instrumentality and services for the country’s mining industry, which includes important activities successful nickel and golden extraction arsenic good arsenic reserves of cobalt and lithium.

The acquisition allows SMS Equipment to present its acquisition from planetary mining markets into Finland portion moving alongside Suomen Rakennuskone’s established lawsuit base.

Suomen Rakennuskone managing manager Jared Collins said: “SMS Equipment’s expertise and champion practices person been honed successful immoderate of the world’s astir demanding mining environments. With this acquisition, we’re combining the planetary acquisition with Suomen Rakennuskone Oy’s heavy section cognition and longstanding lawsuit relationships.”

"SMS Equipment enters Europe with acquisition of Suomen Rakennuskone " was primitively created and published by World Construction Network, a GlobalData owned brand.

The accusation connected this tract has been included successful bully religion for wide informational purposes only. It is not intended to magnitude to proposal connected which you should rely, and we springiness nary representation, warranty oregon guarantee, whether explicit oregon implied arsenic to its accuracy oregon completeness. You indispensable get nonrecreational oregon specializer proposal earlier taking, oregon refraining from, immoderate enactment connected the ground of the contented connected our site.