Normet Overview

  • Founded
  • 1999
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 1,400
Employees
  • Latest Deal Type
  • M&A
  • Financing Rounds
  • 2
  • Investments
  • 2

Normet General Information

Description

Manufacturer of machines and equipment for mining and tunneling. The company markets vehicles and equipment for mining, tunneling and mechanized logging, as well as industrial trucks for medium-heavy duty materials handling. It also manufactures and markets forest machines for installation on farming tractors, provides equipments on lease and finance to clients through its subsidiaries.

Contact Information

Website
www.normet.fi
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Primary Industry
Machinery (B2B)
Other Industries
Other Financial Services
Acquirer
Cantell
Primary Office
  • Ahmolantie 6
  • 74510 Iisalmi
  • Finland
+358 017 00000
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Normet Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Normet Patents

  • 18

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 2

    Granted

  • 1

    Pending

  • 000

    Expiring in next 12 mo

Normet Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-3619497-A1 A wireless electronic initiation device, an initiation arrangement and method for initiation Pending 03-May-2017 00000000
AU-2018263083-A1 A wireless electronic initiation device, an initiation arrangement and method for initiation Pending 03-May-2017 00000000
CA-3062041-A1 A wireless electronic initiation device, an initiation arrangement and method for initiation Pending 03-May-2017 00000000
EP-3619497-A4 A wireless electronic initiation device, an initiation arrangement and method for initiation Pending 03-May-2017 00000000 0
AU-2017365752-A1 Method and arrangement for actuating power pack Pending 24-Nov-2016 H02J7/1415
To view Normet’s complete patent history, request access »

Normet Executive Team (3)

Name Title Board Seat Contact Info
Ed Santamaria President & Chief Executive Officer
Tom Melbye President
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Normet Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Normet Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Normet Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 (00000 0 06-May-2022 0000000000 Industrial Supplies and Parts 00 000000
Atlas Copco (Meyco Dry Spraying Business) 20-Jan-2016 Merger/Acquisition Other Commercial Services 000 00000
To view Normet’s complete acquisitions history, request access »