17 FEBRUARY 2014Calderys Press release
Calderys acquires Termorak in Finland
Edited by : AL CIRCLE
1 min read
Calderys, a world leader in Refractory Solutions and a subsidiary of Imerys, announces that it acquired Termorak Group, a company specialized in Refractory Services (including lining design, refractory material sourcing, as well as installation work and inspections). With € 17.2 million revenue in 2012, Termorak is based in Finland, Sweden and Thailand.
Through the acquisition of Termorak, Calderys expands its position in the Petrochemical and Pulp & Paper Industries, as well as in the Power business in Finland, Russia, the Baltic countries and in South-East Asia.
Mr. Markus Larkimo, Managing Director of Calderys Finland OY states: "Calderys has been present in the Finnish market for over 80 years of service to the iron and steel, ferrous foundry, and boiler industries. Termorak’s world-class people, expertise and services fit perfectly in our portfolio and will enable us to offer a wider range of refractory solutions to all our customers."
A world leader in monolithic refractories, Calderys delivers top flight refractory products manufactured in its 18 production facilities spanning 16 countries. Along with the materials, the company also provides design, installation, maintenance, and repair service support.
Through the acquisition of Termorak, Calderys expands its position in the Petrochemical and Pulp & Paper Industries, as well as in the Power business in Finland, Russia, the Baltic countries and in South-East Asia.
Mr. Markus Larkimo, Managing Director of Calderys Finland OY states: "Calderys has been present in the Finnish market for over 80 years of service to the iron and steel, ferrous foundry, and boiler industries. Termorak’s world-class people, expertise and services fit perfectly in our portfolio and will enable us to offer a wider range of refractory solutions to all our customers."
A world leader in monolithic refractories, Calderys delivers top flight refractory products manufactured in its 18 production facilities spanning 16 countries. Along with the materials, the company also provides design, installation, maintenance, and repair service support.
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