Normet acquires Rambooms and Marakon

Normet has agreed to acquire Rambooms Oy, a manufacturer of rock breaker boom systems, and Marakon Oy, a supplier of hydraulic hammers and excavator attachments, which together form the Marakon Group based in Lahti, Finland. The acquisition is expected to close in Q1 2023.

“With the acquisition Normet strengthens its position in scaling and breaking as well as supports advancing towards higher levels of automation and electrification for the mining and construction industries.”normet.com

• 2 sources
• normet.comNormet acquires Finland-based boom systems manufacturer Rambooms and hydraulic attachments supplier MarakonColumbus GlobalJan 9, 2023
• northamericanmining.comNormet acquires companies, invests in third - North American Mining MagazineNAM StaffJan 16, 2023

Summarized from public sources; check the original articles before acting on it.