Acquisition designed to allow Swedish steel company to develop local aftermarket services for customers in Scotland and England.
SSAB, a Sweden-based manufacturer of steel products, has announced plans to acquire JL Steel Services Ltd., located in Stirling, Scotland. The company specializes in manufacturing and installing wear parts, and repair services for customers in the mining, quarrying and recycling sectors in Scotland and northern England.
In announcing the acquisition, SSAB says it is acquiring JL Steel as part of its strategy of developing the local aftermarket services offering to its customers.
“JL Steel has been a Hardox Wearparts Center since 2003 and I regard the purchase as a way of strengthening our customer relations and enhancing our service,” says Chris Van Beurden, SSAB’s vice president Wear Services EMEA. “JL Steel will be a flagship for our expanded product and service offering to end customers in the region.”
JL Steel has equipment for the cutting and machining of abrasion-resistant Hardox plate, and in addition has mobile workshops that provide welding, installation and maintenance at customers’ sites. According to SSAB, JL Steel also has a strong position within the expanding recycling industry in Scotland, which is in line with SSAB’s environmental work.
“We have cooperated with SSAB for many years and I am very positive about becoming a part of SSAB,” says David Stobo, owner and managing director of JL Steel. “We are contributing with a strong presence in the region and SSAB is contributing with extensive know-how, and thus together we will be even stronger.”
Hardox Wearparts is a supplier of wearparts and wear service, with more than 100 facilities in 40 countries.