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New Deal


Announced

Normet to acquire Rambooms and Marakon.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Majority

Machinery: Industrial

Private

hydraulic hammers

Finland

Single Bidder

boom systems

Pending

Acquisition

Friendly

Synopsis

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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.

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