The Normet Group has acquired 40% of TAM International to form a global partnership with TAM
”A logical step for Normet in its expansion from equipment manufacturer to process solutions provider”, says Aaro Cantell, Chairman of Normet Group.
Normet Group is partnering with TAM International and will begin to sell construction chemicals to complement the company’s concrete spraying equipment. Normet will represent TAM products in areas where TAM is not yet active and, in return, TAM will act as agent and distributor of Normet equipment and services in the UK, Hong Kong, Taiwan and ASEAN.
Normet is a global market leader in underground tunnelling and concrete spraying, while TAM International is a rapidly expanding construction chemicals manufacturer and distributor. Together they will offer a broader service to the tunnelling industry.
Normet Chairman Aaro Cantell explained that “the addition of underground construction chemicals to Normet’s range of mechanised underground equipment is a logical step in our path to becoming the world’s leading expert in selected underground construction processes such as concrete spraying”.
“We have had great results with TAM from our recent co-operation in Hong Kong and Taiwan. This partnership will strengthen Normet’s position in underground construction and mining”, confirms Tom Melbye, COO Normet Group and Managing Director of Normet International Ltd.
Victor Bellanti, CEO of Norman Hay plc comments: “This is a strategic alliance which will considerably strengthen both companies. The partnership will bring together the consumable construction chemicals of TAM with the international manufacture and distribution of Normet’s application hardware. Both companies share a common global marketplace in construction solutions for waterproofing, injection and repair of structures together with major constructions projects in civil engineering, tunneling and mining”.
Normet recently won a US$7M contract to supply the Leighton/Leonhard Nilsen & Sonner AS JV with, among other pieces, three Spraymec 1050 (with an option for one more), 10 Variomec 1090D dumpers (with the option for 2-3 more) and six Multimec 6600s for use on the HATS Stage 2A Tunnels project in Hong Kong.
Melbye explained it was a first for the supply of both equipment and concrete chemicals.
Melbye believes it is crucial to be in a position to supply the whole solution,
”We need to know everything about the concrete that’s going through the machine, to make it safer and more reliable and to ensure the quality. We don’t want to just sell a piece of equiment. We need to be in control of the whole process.”