FAM AB (FAM) has today completed the acquisition of Sandvik Process Systems (SPS) from Sandvik AB
- We are happy to now be the owners of SPS. The company is a leading global supplier of industrial process solutions with good market positions that will fit well into FAM’s holdings. We look forward to developing SPS as a stand-alone and focused company together with the Board of Directors, management and the employees, says Lars Wedenborn, CEO FAM AB. - SPS is a specialized business with strong performance over an extended time period. To take SPS to the next level, FAM is a perfect fit as new owners, providing a stable, long-term foundation to enable us to further increase our efforts