International Tunnelling
BASF to sell MEYCO Equipment to Atlas Copco
BASF has signed a contract with Atlas Copco to sell its MEYCO Equipment business providing concrete spraying machines to the tunnelling and mining industries. The machinery manufacturer, which is based in Stockholm/Sweden, will continue operations at the only production site of MEYCO Equipment in Winterthur/Switzerland. Currently, about 40 employees work in the MEYCO Equipment business at the Winterthur site and the sales and service office in Hermsdorf/Germany. All employees will be transferred to the new owner. The business achieved sales of about 20 million euros in 2011. Both parties have...
