Calderys Acquires Termorak in Finland
With EUR 17,2 million revenue in 2012, Termorak is based in Finland, Sweden and Thailand. Through the acquisition of Termorak, Calderys expands its position in the petrochemical as well as pulp and paper industries, as well as in the power business in Finland, Russia, the Baltic countries and in South-East Asia. Markus Larkimo, Managing Director of Calderys Finland OY states: “Calderys has been present in the Finnish market for over 80 years of service to the iron and steel, ferrous foundry, and boiler industries. Termorak’s world-class people, expertise and services fit perfectly in our portfolio and will enable us to offer a wider range of refractory solutions to all our customers“.