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. 20.11.2018
    20.11.2018
    by      In
    Traditionally, Industry Update has published a Christmas Gift Guide at this time of year. But this year we thought it might be time for all of us to think of those less fortunate. So here’s the 2018 Industry Update Giving Guide.
    These charities need your support more than ever at this time of year... Read More
  2. 19.11.2018
    19.11.2018
    by      In
    Leading engineering technology and systems innovation consultancy Frazer-Nash has tripled the size of its Adelaide headquarters, with SA premier Steven Marshall officiating at the recent opening ceremony.
    The company’s Australian Director, Jonathan Armstrong said: “We’ve created 40 high value jobs... Read More
  3. 19.11.2018
    19.11.2018
    by      In
    Following the success of this year’s Electronex at Rosehill Gardens in Sydney, the show organiser has announced that the 2019 Expo will be held in the new extension of the Melbourne Convention & Exhibition Centre on the 11th and 12th September next year.
    The Sydney event was judged an... Read More
  4. 15.11.2018
    15.11.2018
    by      In
    It’s less than a year since Lapp Australia started trading, but the company has swiftly established itself in the local market, with significant penetration in sectors such as food and beverage, manufacturing, solar, sound and stage production, electrical contracting, machine building and... Read More