Normet continues to invest in electrification technology and becomes a minority shareholder of Switzerland-based Motics
NORMET GROUP OY PRESS RELEASE 18 AUGUST 2023 AT 13:00 EEST Normet continues to invest in electrification technology and becomes a minority shareholder of Switzerland-based Motics Normet has made an equity investment in Swiss company Motics, a specialist of electric driveline solutions. Through this and other innovative investments, Normet continues to pave the way for cleaner and more sustainable underground mining and tunnelling. Aliva Equipment, which was acquired by Normet in 2022 from Sika SG, and Motics’ collaboration goes back to 2020 with the development of an electric