SANDVIK AND FSP SIGN A DEAL ON TURKU SURFACE TREATMENT OPERATIONS
FSP is expanding its operations in southwestern Finland. We have acquired the surface treatment operations of Sandvik Mining and Construction Oy in a deal, signed on November 27, 2019.
The transfer concerns the coating operations of Sandvik Mining and Construction Oy on Vahdontie, Turku, which are transferred in their entirety to FSP, starting in January 1st 2020. Sandvik’s coating operations include parts coating and the finalization, taping and plating of surface-treated machinery.
The transfer of business covers Sandvik’s entire paint shop personnel in Turku, some ten employees, will transfer to FSP under their current employment conditions. The transaction has no other effects on the personnel.
MORE CAPACITY AND SERVICES
– Sandvik has focused on safety, high technology, quality and productivity, which are all very important aspects for FSP as well, says Jarno Huttunen, CEO of FSP.
He sees many benefits in the Sandvik deal.
– This business transaction allows us to increase our knowhow and expand both our capacity and service offering in Southwest Finland, Huttunen says.
– It is very important for our business to have cooperation on many fronts. FSP is one of the leading surface treatment companies in Northern Europe, and we are thrilled to be working together in the future, says Mats Eriksson, Managing Director of Sandvik’s Finnish operations. – We believe that cooperation with FSP will give Sandvik more surface treatment expertise as well as competitive advantage in both the quality and the technological leadership of surface treatment.
In addition to the new Turku site, FSP’s Southwest Finland business unit comprises facilities in Hämeenlinna, Kaarina, Pori and Raisio. The surface treatment facility in Pori and Kaarina are NORSOK certified. Head of our Southwest Finland business unit is Juha Granholm.