none
none

SANDVIK ACQUISITION MAKES NEPEAN A GLOBAL CONVEYOR PLAYER

18-07-2017
by 
in 
Nepean conveyors acquires Sandvik's conveyor businesses

Privately owned Australian conveyor manufacturer, Nepean Conveyors is set to acquire Sandvik’s International Conveyor Components businesses and Specialist Conveyor Systems business in Hollola, Finland.

The acquisition includes 195,000m2 of leading edge manufacturing operations in Germany, Brazil, Australia and Finland, and will see around 340 Sandvik staff members join Nepean. The Sandvik businesses include the established Prok, Gurtec and Roxon brands.

Nepean Chief Executive Officer, Miles Fuller, says 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,” says Fuller. “We see this acquisition as a very exciting opportunity to bring together two respected industry leaders in materials handling.”

Nepean was already the largest manufacturer of pulleys and idlers in Australia. The acquisition positions the company as the 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.

“Our service offering and the wider suite of products, positions NEPEAN as the number one choice for quality conveyor components,” says Fuller. “Our investment in Sandvik’s Conveyor businesses, and more importantly Sandvik’s customers and employees, is a further commitment to an industry we know well. It is a key step in NEPEAN’s journey to be the global leader in innovative conveyor components.”

Details of the transaction were not disclosed.

Nepean Conveyors
1800 NEPEAN
www.nepeanconveyors.com

Related news & editorials

  1. 20.07.2017
    20.07.2017
    by      In
    After a 30 year history in Australia, Cochlear is opening its first overseas manufacturing plant in China. 
    Adamant that this move does not imply a shift in focus away from the country Cochlear was founded in, COO Dig Howitt said that the company is "committed to manufacturing in Australia," adding... Read More
  2. 20.07.2017
    20.07.2017
    by      In
    Pharmecutical company AstraZeneca is putting $100 million into respiratory production at its North Ryde facility, hoping to up its capacity to over 70 million units of asthma medication per year, much of it for export. 
    The upgrade is expected to bring in more $2 billion over the next four years,... Read More
  3. 20.07.2017
    20.07.2017
    by      In
    French multinational software company Dassault Systèmes is currently in South Australia’s capital Adelaide to discuss plans to build a 3-D virtual shipyard for the state’s defence industry.
    Dassault Systèmes provides software systems to support 3D design and modelling, simulation, information and... Read More
  4. 18.07.2017
    18.07.2017
    by      In
    Part of the problem with dieting and nutrition is that everyone has different nutritional requirements. CSIRO is convinced that this problem, like many others, can be solved with a little bit of science and some trial-and-error. 
    Dr Amy Logan is the team leader for dairy science at the CSIRO’s food... Read More