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. worker
    07.05.2021
    07.05.2021
    by      In , In , In
    A $325,000 government grant has helped regional Victoria’s largest co-packing business increase its productivity through the introduction of an innovative product line and new automated equipment. 
    The grant, from the Agriculture Workforce Plan, has also enabled the Australian Disability Enterprise... Read More
  2. Angus Taylor
    06.05.2021
    06.05.2021
    by      In
    The Australian Government has given the green light to the construction of three large hydrogen plants in Victoria and Western Australia that will be among the world’s biggest.
    More than $100 million in conditional funding has been awarded through the Australian Renewable Energy Agency’s (ARENA)... Read More
  3. Lab
    05.05.2021
    05.05.2021
    by      In , In
    Newly launched space startup Quasar Satellite Technologies is set to revolutionise space communications, using radio telescope technology developed by the CSIRO. 
    With more than 57,000 satellites set to be launched by the end of the decade, Quasar is creating a world-leading ground station service... Read More
  4. 29.04.2021
    29.04.2021
    by      In
    In memory of Mr Lapp, the founding family set up the Oskar Lapp Foundation in 1992. This provides young scientists with incentives to effectively engage them in cardiovascular research. The Oskar Lapp Research Prize, worth 12,000 Euro, is presented annually, while the Oskar Lapp Grant, which... Read More
Products
Suppliers