Normet acquires Lekatech
Published 20/11, 2024 at 16:37Lekatech, the pioneer in electric hammering technologies used in the mining, quarrying and construction industries, located in Iitti, Finland.
For Normet, the investment aligns with its overall strategy for expanding its electric offering portfolio, demonstrating its search for related, mutually beneficial technologies. The fully electric hammer, combined with Normet ‘SmartDrive’ battery electric architecture and Normet ‘XRock’ boom and breaker systems, are planned to define the future of underground scaling and breaking.
“Lekatech’s revolutionary linear electric hammering technology further strengthens our resolve to lead the electric transformation in the industry. We are proud of what has been achieved at Lekatech and we now look forward to the next steps in the joint journey. We are excited to welcome Lekatech’s experts to Normet,” comments Kari Hämäläinen, executive vice president, strategic business development at Normet. “Normet enables us to expand and speed up the adoption of the electric hammering technology across industries on a global scale. Having collaborated with Normet for several years, we have realised that there is a strong cultural fit and that we share the same values,” says Antti Anttila, CEO, Lekatech. Following the transaction, Lekatech will continue to operate as an independent company as part of the Normet Group.