Kuusakoski Takes Large Stake in Swedish Transformer Recycling Company

Kuusakoski Recycling, a Finland-based recycling firm with locations throughout Europe and Asia, has taken a 46 percent stake in the Swedish recycling firm SwedeCraft, also based in Sweden.

In addition to handling ferrous metal, SwedeCraft, located in Karlstad, Sweden, specializes in recycling oil and PCB transformers. The company currently employs 10 people. Jeff Nilsson, SwedeCraft’s CEO, will remain with the company.

Kuusakoski has more than 100 service locations in Finland, Baltic countries, China, Great Britain, Poland, Russia, Sweden and Taiwan.