Roschier advises Metso in the acquisition of Ab A. Häggblom Oy
Metso has agreed to acquire Ab A. Häggblom Oy, a privately owned Finnish engineering and manufacturing company providing mining truck bodies and buckets. Roschier represents Metso in the transaction.
Ab A. Häggblom Oy serves major mining companies in the Nordics and has partnered with Metso for several years in the manufacturing of truck bodies. The company has around 100 employees, with manufacturing, service, and logistics units in Kokkola and Kalajoki, Finland, and in Luleå, Sweden. The ownership is divided between Finnish private equity investors and the management. Häggblom’s sales in 2022 were approximately EUR 25 million.
The transaction is expected to to be completed in August 2023.