ÅF Pöyry acquires remaining shares in AF-Incepal, S.A.
ÅF Pöyry has acquired the remaining 84,2% shares in AF-Incepal SA. The acquisition will complement ÅF Pöyry’s strong position and expertise in pulp & paper and strengthen the global offer within paper, board and tissue.
AF-Incepal is specialised in pulp & paper and tissue industry with a complete project package including services within Project management, Process engineering, Civil engineering, Electrical & Automation, Pipe & Plant Design, Mechanical engineering, Technical calculations, Installation monitoring, Commissioning and Start-up.
”Our companies have collaborated for a number of years and we look forward to deepening our relationship. With AF-Incepal as a part of ÅF Pöyry we will reach new geographical markets and the company will also complement our paper, packaging and recycling knowledge. The acquisition is in line with our strategy to grow our business in the global pulp & paper market”, says Jonas Gustavsson, President and CEO of ÅF Pöyry.
AF-Incepal has approximately 40 employees based in Spain and net sales of approximately 35 MSEK in 2018. The company was consolidated in ÅF Pöyry as per July 1 2019.
ÅF Pöyry AB (publ)
For further information, please contact:
Cathrine Sandegren, EVP and Head of Communications and Brand
+46 70 292 68 26
ÅF Pöyry AB (publ), SE-169 99 Stockholm, Sweden
Visitors’ address: Frösundaleden 2, 169 70 Solna, Sweden
Tel. +46 10 505 00 00 Fax +46 10 505 00 10
www.afconsult.com / email@example.com
Corporate ID number 556120-6474
ÅF Pöyry is a leading international engineering, design and consultancy company. We create solutions for our clients from a sustainability perspective and based on global trends such as urbanisation and digitalisation. We bring together over 16,000 dedicated experts in the fields of infrastructure, industry and energy, all of whom work globally to create sustainable solutions for future generations.