Jennmar Acquires SSAB's Expandable Rock Bolt Production Facility in Virsbo, Sweden
SSAB SWEDISH STL UNSP/ADR (SSAAY)
NASDAQ:AMEX Investor Relations:
ssab.com/company/investors
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Source: PR Newswire
PITTSBURGH, Feb. 3, 2025 /PRNewswire/ -- Jennmar, a leading global provider of infrastructure products and specialized services to the civil, solar, mining, and construction industries and a FalconPoint Partners portfolio company, today announced that it has acquired SSAB's expandable rock bolt production facility in Virsbo, Sweden.This strategic acquisition strengthens Jennmar's position as a key player in the global mining industry, broadening its product portfolio and establishing a significant presence in the European market."This acquisition marks a significant milestone for Jennmar, strengthening our capabilities within the hard rock mining sector while also expanding our global reach and bringing our operations to the European market,
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