References/23 Dec 2022
Borenius advised Normet Group on the acquisition of Rambooms and Marakon
We advised Normet Group, a globally operating Finnish technology company that offers underground construction and mining processes, on the acquisition of Marakon Group. Marakon Group consists of Rambooms Oy, which is a manufacturer and supplier of rock breaker boom systems, and Marakon Oy, which is a supplier of hydraulic hammers and excavator attachments for the construction, crusher and mining industries.
With the acquisition, Normet strengthens its position in the field of scaling and breaking as well as supports the progress towards higher levels of automation and electrification in the mining and construction industries.
The acquisition is expected to be closed in the first quarter of 2023, subject to the fulfillment of customary closing conditions.