Normet
Normet is a Finnish private technology company supplying equipment, construction chemicals, rock-support products, and lifecycle services for underground mining, tunnelling, and civil construction.
Last updated October 30, 2026
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Overview
Normet is a Finland-headquartered technology company focused on the specialist equipment, materials, digital systems, and services used in underground mining, tunnelling, and civil construction. Its offering combines mobile machinery with construction chemicals, rock-reinforcement products, process expertise, and aftermarket support. Rather than operating primarily as a general industrial-equipment supplier, Normet positions itself around complete customer processes: charging and blasting, drilling, concrete spraying, ground support, rock reinforcement, material handling, equipment maintenance, and the monitoring and optimization of underground operations. The company originated in 1962 as Peltosalmi Machine Workshop, founded by brothers Jaakko and Jussi Sarvela on their farm in Finland. The workshop initially built tractor-compatible earthmoving equipment, then expanded into forestry machinery. Its early products included tractor loaders, a skidding winch, and a three-axle forestry tractor. Export activity began during this formative period, and the founders received a Finnish national entrepreneur award in 1969. In 1972, Orion Corporation acquired the workshop and renamed it Normet Oy. Under Orion, the company moved more decisively into mining machinery and began exporting equipment to Sweden. Normet remained part of Orion until 1999, when it was sold to Fenno Management, an investment vehicle associated with Sitra. In 2005, the entire share capital was transferred to Normet Group. The ownership structure at that point included Cantell Oy, investor Aaro Cantell, and members of Normet management. The 2000s and early 2010s marked a period of international expansion and product broadening. Normet established offices and operating capabilities in multiple countries, supplied large fleets of mining machines, and expanded manufacturing and service operations beyond Finland. It also entered construction chemicals through its investment in TAM International and later increased its ownership until TAM Group became fully owned. By 2012, the company’s portfolio covered equipment and applications for charging and blasting, drilling, ground support, concrete spraying, and construction chemicals. Acquisitions such as Essverk Berg in Sweden and the concrete-spraying business acquired from Atlas Copco strengthened its equipment and service position. Normet has increasingly emphasized automation, connectivity, and lower-emission equipment. In 2019 it began developing battery-powered Normet SmartDrive vehicles, with an electric concrete-spraying machine among the first products brought to market. The company has also expanded its industrial internet capabilities through the acquisition of Remion, and it has taken minority positions in companies working on electric hammering, electric drives, and battery storage for off-highway equipment. Recent growth has been supported by acquisitions in ground support, sprayed-concrete application, boom systems, hydraulic attachments, and digital industrial services. In 2022, Normet acquired Australian ground-support manufacturer Garock and Aliva Equipment, a producer of sprayed-concrete application equipment and accessories. The same year it opened a technology and production hub in Jaipur, India, combining equipment manufacturing, service rebuilding, research and development, remote monitoring, and technical training. In 2023, it acquired Finnish companies Rambooms, Marakon, and Remion, while becoming a minority shareholder in Lekatech and Motics. Normet is a private international industrial brand. Reference material describes a workforce of more than 1,800 professionals, operations in more than 50 locations, and a presence in approximately 30 countries. Its competitive proposition is based on combining machines, consumables, process technology, service, and digital support for demanding underground environments. The company’s current direction centers on lifecycle support, electrification, intelligent equipment, rock reinforcement, construction chemicals, and integrated solutions for safer and more productive underground work. Normet is a private international industrial brand. Reference material describes more than 1,800 professionals, operations at over 50 locations, and business in approximately 30 countries. Its competitive advantage is based on a combination of machines, consumables, process technology, services, and digital support for demanding underground environments. The company's current direction focuses on lifecycle support, electrification, and intelligent underground operations.
History
Normet traces its origins to Peltosalmi Machine Workshop, established in 1962 by Finnish brothers Jaakko and Jussi Sarvela. The workshop operated from a farm after the brothers moved away from livestock farming and began producing earthmoving equipment designed for tractors. It grew rapidly during its first years, reaching more than fifty employees within three years and shifting much of its production toward forestry machinery. Early products included a tractor loader, a skidding winch, and Finland's first three-axle forestry tractor. The company also began exporting, and the Sarvela brothers received a national entrepreneur award in 1969. In 1972, Orion Corporation purchased the workshop, which employed roughly 180 people, and changed its name to Normet Oy. The company increasingly concentrated on mining machinery and began exporting mining equipment to Sweden. Orion's ownership lasted until early 1999, when Normet was sold to Fenno Management, an investment company connected with Sitra. In 2005, the whole company was sold to Normet Group. Cantell Oy held the largest ownership position, while Aaro Cantell and Normet management held the remaining interests described in the available reference material. Normet developed from a Finnish machinery manufacturer into an international supplier during the 2000s. In 2008 it had offices in nine countries and was considering additional operations in Mongolia. Its large equipment deliveries included a fleet supplied to Russia's Norilsk Nickel. The company's sales passed EUR 90 million in 2009, according to the cited reference material. In 2010, it manufactured heavy mining equipment in Iisalmi and Santiago de Chile and operated with several hundred employees across a growing international network. A major strategic development was Normet's entry into construction chemicals. In 2010, it acquired a 40 percent interest in TAM International, a company employing more than seventy people and specializing in construction chemicals. Normet increased its holding in TAM Group in 2012, making the business fully owned. The same period saw the establishment of subsidiaries in Mexico, Norway, and South Africa. Normet's portfolio then covered charging and blasting, drilling, ground support, heavy underground machinery, and construction chemicals. The company continued to broaden its capabilities through acquisitions. In 2011 it acquired Swedish Essverk Berg, which manufactured and serviced equipment for mining and tunnel construction. In 2016 it purchased the concrete-spraying business of Atlas Copco. These transactions reinforced Normet's position in sprayed-concrete application and equipment servicing, while its own manufacturing and assembly base remained centered in Finland and was supplemented by international operations. Electrification became a visible part of Normet's technology strategy from 2019, when the company began developing battery-powered SmartDrive vehicles. An electric concrete-spraying vehicle was among the first models to enter the market. In the same year, Ed Santamaria became president and chief executive officer, succeeding Robin Lindahl. The 2020s brought further expansion in ground support, sprayed concrete, manufacturing, and digital services. In 2022 Normet acquired Garock in Australia, a manufacturer of ground-support systems for mining, and Aliva Equipment, which produces sprayed-concrete application equipment and accessories. Normet also opened a global technology and production hub in Jaipur, India. The facility combined equipment manufacturing, a service rebuild center, research and development, remote monitoring, and technical training. In 2023 Normet acquired Finnish boom-systems manufacturer Rambooms, hydraulic-attachments supplier Marakon, and Remion, a provider of industrial internet service solutions. It also became a minority shareholder in Lekatech, which develops electric hammering technology, and Motics, a Swiss specialist in electric drives and battery storage for off-highway applications. These moves fit the company's broader effort to combine machinery with electrification, digitalization, rock support, construction chemicals, and aftermarket services. Normet remains a private company headquartered in Finland. Available reference material describes a global organization with more than 1,800 professionals, over 50 locations, and operations in approximately 30 countries. Its current business model is built around integrated underground-work processes and long-term customer support rather than the sale of standalone machines alone.
- 2023
Normet expands into booms, attachments, and industrial internet services
[1]Rambooms, Marakon, and Remion are acquired, extending the group's equipment and digital-service portfolio.
- 2022
Garock and Aliva Equipment join Normet
[1]The acquisitions expand Normet's ground-support and sprayed-concrete application capabilities.
- 2022
Jaipur technology and production hub opens
[1]Normet opens an Indian facility combining production, service rebuilding, R&D, remote monitoring, and technical training.
- 2019
SmartDrive electrification program begins
[1]Normet begins developing battery-electric vehicles for underground operations, including an electric concrete-spraying vehicle.
- 2016
Concrete-spraying business is acquired from Atlas Copco
[1]Normet strengthens its sprayed-concrete equipment and application portfolio through the acquisition of Atlas Copco's concrete-spraying business.
- 2012
TAM Group becomes fully owned by Normet
[1]Normet increases its ownership of TAM Group and expands its international subsidiary network.
- 2011
Essverk Berg is acquired
[1]The Swedish mining and tunnel-equipment manufacturer and service provider joins Normet.
- 2010
Normet enters construction chemicals
[1]Normet acquires a minority interest in TAM International, expanding beyond machinery into construction chemicals.
- 2005
Normet Group acquires the entire share capital
[1]Ownership is transferred to Normet Group, with Cantell Oy, Aaro Cantell, and management participating in the ownership structure.
- 1999
Normet is sold to Fenno Management
[1]Orion sells Normet to Fenno Management, an investment vehicle associated with Sitra.
Products and positioning
A specialist, process-oriented technology partner for underground mining, tunnelling, and civil construction, combining equipment, construction chemicals, ground support, electrification, digital monitoring, and lifecycle services.
Mining and tunnelling machinery
Underground equipment
Normet manufactures specialized mobile equipment for underground mining and tunnelling. The portfolio supports several stages of underground work, including charging and blasting, drilling, concrete spraying, ground support, and material handling. The machines are designed for confined, demanding environments and are supported by service, rebuilding, and aftermarket capabilities.
Battery-electric underground vehicles · 2019
Normet SmartDrive
SmartDrive is Normet's battery-electric vehicle platform for underground applications. The platform was developed to reduce reliance on diesel power and to address emissions, ventilation, and operating-environment challenges in mines and tunnels. Early market applications included battery-powered concrete-spraying equipment.
Shotcrete and sprayed-concrete equipment
Concrete spraying systems
Normet supplies equipment and application systems for sprayed concrete, commonly known as shotcrete, used in tunnel construction and underground ground support. The portfolio was strengthened by the acquisition of Atlas Copco's concrete-spraying business and later by the acquisition of Aliva Equipment.
Rock support
Ground-support and rock-reinforcement solutions
Normet's ground-support offering covers products, equipment, and expertise used to reinforce and stabilize rock in mines and tunnels. The acquisition of Garock expanded the group's manufacturing position in rock-reinforcement systems for mining applications.
Construction materials and chemicals · 2010
Construction chemicals
Through its TAM-related business, Normet supplies construction chemicals used in underground construction and civil-engineering processes. These materials complement the company's equipment and application systems, enabling Normet to address complete construction processes rather than machinery alone.
Digital industrial services · 2023
Industrial internet and remote monitoring services
Normet's digital capabilities include industrial internet services and remote monitoring for equipment and customer processes. The acquisition of Remion added expertise in designing and implementing industrial internet solutions, while the Jaipur hub includes a remote monitoring center.
Equipment attachments · 2023
Boom systems and hydraulic attachments
The acquisitions of Rambooms and Marakon broadened Normet's offering with boom systems and hydraulic attachments used in mining, tunnelling, and related heavy-equipment applications.
Brand decisions
2023
Expansion into attachments and industrial digital servicesM&ABackground
Normet continued building a broader platform spanning physical equipment, attachments, digital monitoring, and lifecycle services.
Action taken
Normet acquired Rambooms, Marakon, and Remion, and took minority positions in Lekatech and Motics.
Aftermath
The transactions expanded the group's capabilities in boom systems, hydraulic attachments, industrial internet services, electric hammering, electric drives, and battery storage.
2022
Expansion into ground support and sprayed-concrete equipmentM&ABackground
Normet sought to broaden its integrated offering for underground construction and reinforce its position in rock support and concrete application.
Action taken
The company acquired Garock in Australia and Aliva Equipment.
Aftermath
The transactions added ground-reinforcement products and sprayed-concrete application equipment to Normet's existing machinery, chemical, and service portfolio.
2019
Commitment to battery-electric underground equipmentStrategyBackground
Underground mines and tunnels face pressure to reduce diesel emissions and ventilation requirements while improving working conditions.
Action taken
Normet began developing the SmartDrive battery-powered vehicle range, initially including an electric concrete-spraying machine.
Aftermath
Electrification became a visible component of Normet's technology portfolio and was reinforced by later investments in electric hammering, drive, and battery-storage technologies.
Recent events
- 2023
Normet acquires Rambooms, Marakon, and Remion[1]
M&A
Normet expanded into boom systems, hydraulic attachments, and industrial internet services through three Finnish acquisitions.
- 2023
Normet takes minority stakes in Lekatech and Motics[1]
M&A
Normet became a minority shareholder in Finnish electric-hammering developer Lekatech and Swiss off-highway electric-drive and battery-storage specialist Motics.
- 2022
Normet acquires Garock and Aliva Equipment[1]
M&A
Normet expanded its ground-support and sprayed-concrete capabilities through the acquisitions of Australian manufacturer Garock and Aliva Equipment.
- 2022
Normet opens technology and production hub in Jaipur[1]
Other
The new Indian hub brought together equipment production, service rebuilding, research and development, remote monitoring, and technical training activities.
- 2019
Normet begins development of battery-powered SmartDrive vehicles[1]
Product launch
Normet initiated development of battery-electric underground vehicles, including an electric concrete-spraying model, as part of its response to electrification and emissions challenges in underground operations.
- 2019
Ed Santamaria becomes Normet president and CEO[1]
Leadership change
Ed Santamaria succeeded Robin Lindahl as Normet’s president and chief executive officer.
Sources2 sources
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