Continental acquires NorrVulk AB
Published by Jessica Casey,
Editor
Global Mining Review,
Continental has acquired the conveyor belt systems and services specialist NorrVulk AB, based in Gällivare, Sweden. This acquisition complements the technology company’s portfolio for the sale of conveyor belt systems and related services and strengthens its business with industrial customers in this region.
“With NorrVulk, we have succeeded in acquiring one of the leading suppliers of conveyor belts and related services in northern Sweden. The acquisition underscores our goal of further expanding our service business directly with our customers and aligning our focus accordingly,” explained Song Qi, who is responsible for the global business with conveyor belt system solutions at Continental.
Completion of the acquisition is subject to approval by the competent antitrust authorities. The two parties have agreed not to disclose the purchase price.
NorrVulk AB employs 16 people in Gällivare, Sweden. As one of the key suppliers for the sale of conveyor belts and associated services in the mining business, the company offers the full range of services in this field in the north of the country, which has a strong mining tradition. This includes the sale of individual conveyor belts and their installation on site, as well as maintenance and other services.
Read the article online at: https://www.globalminingreview.com/handling-processing/06072022/continental-acquires-norrvulk-ab/
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