Rautaruukki buys OMEO AB in Sweden.

Rautaruukki buys OMEO AB in Sweden.

Rautaruukki Oyj has bought all shares in AB Omeo Mekaniska Verkstad from 5 private persons in Sweden. Omeo`s core business is welding and assembly of booms used in material handling equipment. The Company is located in Oskarström, in Southern Sweden. The turnover of the Company is 23 M€ with a personnel of 55. The acquisition strengthens Rautaruukki`s growth strategy and its position within the material handling industry customer segment.

ProMan`s IMAP partner in Sweden, Nordic Merger AB, advised the Sellers in the divestment proces and ProMan identified the buyer.

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Seller: 
OMEO AB
Industry: 
Industrial products and services
Buyer: 
Rautaruukki
Industry: 
Industrial products and services

Rautaruukki Oyj has bought all shares in AB Omeo Mekaniska Verkstad from 5 private persons in Sweden. Omeo`s core business is welding and assembly of booms used in material handling equipment. The Company is located in Oskarström, in Southern Sweden. The turnover of the Company is 23 M€ with a personnel of 55. The acquisition strengthens Rautaruukki`s growth strategy and its position within the material handling industry customer segment.

ProMan`s IMAP partner in Sweden, Nordic Merger AB, advised the Sellers in the divestment proces and ProMan identified the buyer.