Normet to acquire Rambooms and Marakon.

Normet, a mining equipment provider, agreed to acquire Rambooms, a manufacturer and supplier of rock breaker boom systems, and Marakon, a supplier of hydraulic hammers. Financial terms were not disclosed. “Rambooms and Marakon are known for their high performing quality products. With the acquisition Normet strengthens its position in scaling and breaking as well as supports advancing towards higher levels of automation and electrification for the mining and construction industries. We look forward to welcoming the Marakon Group employees to Normet and supporting them in their future growth and development," Ed Santamaria, Normet President and CEO.