Normet has made an equity investment in Swiss company Motics, a specialist of electric driveline solutions. Through this and other innovative investments, Normet continues to pave the way for cleaner and more sustainable underground mining and tunnelling.
Aliva Equipment, which was acquired by Normet in 2022 from Sika SG, and Motics’ collaboration goes back to 2020 with the development of an electric powerline for mobile Aliva 520 concrete sprayer as its spearhead solution. Normet’s investment supports the continued growth of Motics and provides Normet with the opportunity to expand electrification in its existing and future products.
“Motics is excited about Normet's investment, as it will provide us with significant growth opportunities. With Normet's support, we can expand our technological expertise, scale our electrification solutions, and tap into new markets, driving our company's growth. This partnership will propel Motics forward, enabling us to reach more customers and accelerate the adoption of sustainable and innovative electric driveline solutions,” says Christoph Fässler, Co-founder of Motics.
Normet is a world-leading, innovative technology company. We define the future of underground operations in mining, tunnelling, and civil engineering projects, helping our partners increase safety, sustainability, and productivity throughout the lifecycle of their projects. Since 1962 we have developed our offerings to include a complete portfolio of mining and tunnelling solutions covering the entire process chain. Headquartered in Finland, we employ over 1,700 dedicated professionals in more than 50 locations in 30 countries around the world, committing to long-term, mutually beneficial partnerships that create value in our industry and society as a whole. Company revenue was EUR 439 million in 2022. Get to know us better at www.normet.com.
أكتب تعليقك هتا