Displaying items by tag: FAM

Germany: Beumer Group has completed its acquisition of conveyor systems and loading technology supplier FAM Group.

Beumer Group says that the acquisition expands its portfolio and complements its competence in the project planning of plants with FAM Group’s know-how and global positioning throughout the entire value chain, including aftersales service.

Germany: Beumer has announced its acquisition of conveying systems supplier FAM Group. The group says that the two companies complement each other ‘ideally.’ FAM Group employs 750 people in Germany, Brazil, Canada, Chile, China and India, as well as representatives elsewhere. Beumer says that the company’s ‘leading technology’ for transporting and processing minerals fits well with its own portfolio.

Sweden: Sandvik has completed the sale of its Sandvik Process Systems division to asset management company FAM AB. The divestment has agreed for around Euro500m in June 2017. Sandvik Process Systems manufactures industrial process solutions based on steel belts, steel belt based equipment and process solutions within adjacent technologies.