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Atlas Copco to acquire Italian pump manufacturer
Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to acquire Varisco, an Italian pump manufacturer with a global sales network.
Varisco is based in Padua near Venice, Italy, and had revenues in 2014 of €30 million. It employs about 135 people. Founded in 1932, Varisco is known around the world for the design and manufacture of high-quality pumps used by a wide range of customers. The pumps are typically used to remove unwanted water or other liquids in the construction, mining, and oil and gas industries; they are also used in industrial process plants and for emergency services in case of floods.
Varisco will become part of the Portable Energy division in the Construction Technique business area. Visit: www.atlascopco.com
Lifco has signed an agreement to acquire Redoma Recycling AB’s operations. Redoma Recycling is a Swedish based company, specialised in designing and manufacturing small and mid-size cable recycling lines. In 2015, Redoma Recycling’s sales amounted to approximately SEK 25 million. The operations will be consolidated in the division Environmental Technology within the business area Systems Solutions. The acquisition will not have any significant effect on Lifco’s earnings or financial position in the current financial year. Redoma Recycling AB was established in 1984 and has its headquarters in Malmö, Sweden. The company has eight employees.
Lifco acquires and develops market-leading niche operations with the potential to deliver sustainable profit growth and strong cash flows. The group has three business areas: Dental, Demolition & Tools and Systems Solutions. Visit: www.lifco.se Trelleborg has, through its business area Trelleborg Offshore & Construction, signed an agreement to acquire Marimatech AS, a market-leading company in marine positioning and piloting systems, primarily specialising in the development of software used for docking or mooring ships offshore or in ports. The acquisition will broaden and supplement Trelleborg’s product portfolio within berthing, docking and mooring solutions for ports and vessels.
The acquired company has its head office and production site in Aarhus, Denmark. The company’s global sales totaled approximately SEK 50 million in 2014. This bolt-on acquisition is part of Trelleborg’s strategy to strengthen its positions in attractive market segments.
“The acquired company has a successful navigation and ship positioning product line using the latest ‘smart’ technology, which can be used on other marine applications and integrated with our existing range of products. This transaction will enable us to strengthen our offering as an attractive turnkey supplier of marine docking and mooring solutions for owners and managers of ports and vessels,” says Fredrik Meuller, president of the Trelleborg Offshore & Construction business area. Visit: www.trelleborg.com
Lifco acquires Redoma Recycling AB’s operations
ASSA ABLOY acquires CEDES in Switzerland
ASSA ABLOY has signed an agreement to acquire the Swiss company CEDES, a leading company in sensor technology to the door and elevator industry.
“It is with satisfaction that I welcome CEDES into the ASSA ABLOY Group. CEDES represents an important step in the strategy of adding more intelligence within entrance automation. Our entrance automation business has grown from SEK 3 billion in 2008 to more than SEK 18 billion proforma in 2015,” says Johan Molin, president and CEO of ASSA ABLOY.
“CEDES’s competence, experience and product offering in the sensor field is a strong addition to our current product portfolio and will lead to highly innovative and integrated solutions combining different technologies that will create new customer benefits,” says Juan Vargues, executive vice-president of ASSA ABLOY and head of Division Entrance Systems.
CEDES was established in 1986 and has some 340 employees. The company is headquartered in Landquart, Switzerland. Visit: www.assaabloy.com
LINKINGUP
SSAB and Aspo ESL Shipping sign long-term agreement
SSAB and Aspo Group’s ESL Shipping Ltd have signed a long-term frame agreement covering sea freight for SSAB’s inbound raw material sea transport within the Baltic Sea and from the North Sea. The purpose of the agreement is to secure deliveries of raw materials, enable mutual, long-term gains in efficiency and to reduce overall logistics costs. This will simultaneously make raw material logistics as sustainable and environmentally aware as possible. The estimated transport volume is 6–7 million tonnes annually.
The new combined sea freight agreement will result in a reduction of more than 50% in CO2 emissions per tonne of cargo transported compared to present vessels. Besides these environmental benefits, the cost savings provided by new technology will also allow better profitability.
“We are extremely pleased to continue our long-established sea transport partnership with SSAB. Together we will make shipping more sustainable and environmentally aware than ever before,” says Aki Ojanen, chairman of the board of ESL Shipping and CEO of Aspo Group. Visit: www.ssab.com
DeltaLangh Ltd bought by Langh Tech
Langh Tech has bought Deltamarin Ltd’s share of the previously jointly owned DeltaLangh Ltd, which manufactures scrubbers and water treatment systems.
“The cooperation with Deltamarin continues and Deltamarin Floating Construction can still provide turnkey scrubber installations,” states Langh Group managing director Laura Langh-Lagerlöf.
The method developed by Langh is based on an environmentally friendly closed-loop scrubber that can also be used in open-loop mode. “The hands-on experience has been excellent. We can see that the closed-loop water treatment system can, as it is a reliably functioning and an affordable solution, offer a very good opportunity for updating also other manufacturer’s scrubbers in order to meet the tightened regulations.”
From 1 January 2016 the scrubbers and the water treatment units will carry the trademark Langh Tech. Sauli Vahtokari from Langh Group’s production sees the change very positively. “I believe that through the change in ownership we are able to react faster to the customers’ needs and to develop new solutions for the tightening environmental demands. Product development has always been a central part of the Langh companies’ activities.” Visit: www.langh.fi
Unique Group acquires GSE Rentals
Unique Group has acquired GSE Rentals (Geophysical Survey Equipment) a rental specialist of high quality geophysical, hydrographic and oceanographic marine survey equipment.
GSE Rentals is now wholly owned by Unique Group and the company’s workforce will be retained. Former owner, Stan Moroney, will continue as business advisor and consultant to Unique Group.
Unique Group has more than 20 years of survey rental experience globally. By acquiring GSE Rentals, it can strengthen its presence in non-oil and gas markets, with a focus on offshore renewable energy projects, submarine cables, dredging, ports and harbours and civil projects.
Andy Doggett, director of Unique Group’s survey equipment division, said: “GSE Rentals is a well respected company that offers a high level of technical support and knowledge to its global customers. The advantage to GSE Rentals’ customers is that it will now be able to provide enhanced global support through Unique Group’s bases in the Middle East, South Africa, India, the Netherlands, Singapore and the USA.
“We are well aware of the high-quality service provided by GSE Rentals and by committing additional capital to increase its fleet, we will enhance its place as the preferred marine survey rental company in Europe.” Visit: www.uniquegroup.com
Minesto enters technology partnership with Schottel Hydro
Minesto has entered into a technology partnership with German tidal turbine manufacturer Schottel Hydro. The objective is to supply Minesto with hydrokinetic turbine components in 2016 and 2017.
According to the newly signed agreement, Schottel Hydro will deliver a customised turbine solution which will optimally fit the requirements of Deep Green, Minesto’s underwater kite construction that is expected to be deployed in 2017 at the Holyhead Deep site off the coast of Anglesey, Wales. The lightweight nacelle power-take-off system includes a turbine, drive train, power electrics and auxiliary devices. All components will be tailor-made to fit the system of the ‘underwater kite’ perfectly. During the coming three years, 19 more Deep Green-devices will follow and eventually form an array with an overall capacity of 10 MW, supplying electricity to the equivalent of 8000 households and create local jobs in both construction and operational phases. Visit: www.minesto.com
