Forcit and Orica have reached an agreement on a transaction concerning part of Orica´s business in Finland and Sweden. The agreement is subject to customary authority approvals.With the agreement, part of Orica’s operations in Finland and Sweden will be transitioned to Forcit The agreement covers the business of explosives for civilian use, such as warehouses, service stations and related personnel and fleet needed to provide services. This transaction does not affect Forcit´s Norwegian operations, which will continue as before.
The transaction, once completed, will improve the coverage of Forcit’s service network and provide increased resources. This development will also provide increased flexibility to meet the demands of the future. In addition, Forcit’s existing product range will be expanded with Orica’s advanced technology products, including, e.g., wireless technology detonators (WebGenTM).
“With this agreement, Forcit will have the opportunity to learn about the global player’s ways of serving customers and we will get several high-class products to our portfolio. We are dedicated to supporting all the customers affected by the transaction throughout the transition period,” says Tommi Halonen, COO & Executive Vice President, Explosives.
More information:
Janne Lehto
0405190525
janne.lehto@forcit.fi
Contact information for sales team can be found here.