Australian privately-owned conveyor OEM, NEPEAN Conveyors Pty Ltd, has finalised negotiations to acquire Sandvik’s International Conveyor Components businesses and Sandvik’s Specialist Conveyor Systems business in Hollola, Finland.
NEPEAN CEO Miles Fuller believes the acquisition is a great fit with the organisation’s existing conveyor businesses.
“NEPEAN will gain significant facilities in Europe, Scandinavia, Brazil and Western Australia in addition to our existing operations on the east and west coast of Australia and Africa. We will also gain a broad range of advanced technology, leading products and associated IP,” said Fuller.
The acquisition includes 195 000 m2 of manufacturing operations located across Germany, Brazil, Australia, and Finland, and will see around 340 Sandvik staff members join NEPEAN. The acquired Sandvik businesses have a deep and accomplished history, including PROK, GURTEC and ROXON brands.
“The conveyor business is core to NEPEAN. Since 1985, our growth and success has been due to our customer focus, local support capability, passionate employees, leading engineering, and empowered managers with the authority to get things done, explained Fuller. “Putting the needs of customers first is part of NEPEAN’s DNA. We can only prosper if our customers are successful and we are deeply committed to this responsibility. We see this acquisition as a very exciting opportunity to bring together two respected industry leaders in materials handling.”
Through the acquisition, NEPEAN’s customers will have access to the significant IP developed via Sandvik’s outstanding engineering and manufacturing capabilities. New product lines, including market-leading composite roller technologies, will be brought to market as a priority.
“NEPEAN’s relentless drive to deliver for our clients will ensure customers benefit from reduced lead times, and have access to quality conveyor components for aftermarket and major projects in any location globally,” added Fuller.
NEPEAN is already the largest manufacturer of pulleys and idlers in Australia. With the acquisition of Sandvik Conveyor Components, the combined capacity will position NEPEAN as one of the largest specialists in conveyor components globally; capable of producing many thousands of large engineered pulleys and millions of conveyor rollers annually to service customers in 66 countries.
NEPEAN’s conveyor expertise in Australia includes fully-integrated bulk materials handling solutions from the mine to the train or truck load station. With the integration of Sandvik’s assets, NEPEAN will be positioned to provide a unique, integrated set of solutions for the industry.
Read the article online at: https://www.worldcoal.com/handling/24072017/sandvik-sells-conveyor-businesses-to-nepean/