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Sweco completes the acquisition of Vectura

All conditions have been fulfilled and Sweco has on 31 July 2013 closed the
previously announced acquisition of Vectura. Sweco has acquired all shares in
Vectura from the Swedish Government for a consideration consisting of a purchase
price in cash amounting to 927 MSEK (equity value). The final value of the
acquisition (enterprise value) amounts to approximately 900 MSEK. Through the
acquisition Sweco becomes the largest engineering consultancy in the Nordic
market.
Vectura, with approximately 1,327 MSEK in annual sales and approximately 1,200
employees, is the Nordic region’s leading provider of consulting services for
transport infrastructure and has an especially strong position in the Swedish
railway sector. The acquisition will give Sweco annual sales of approximately
8,800 MSEK and a total of approximately 9,000 employees.
 
Fredrik Hedlund, Head of Corporate Communications at Sweco, tel: +46 8 695 66
12, +46 73 412 66 12
Sweco is an international consulting group with combined expertise in consulting
engineering, environmental technology and architecture. Sweco has annual sales
of approximately SEK 8.8 billion and around 9,000 employees in the Nordic region
and Central and Eastern Europe. The company has projects currently underway in
some 80 countries worldwide. Sweco is listed on NASDAQ OMX Stockholm AB.
ck'G � i a �� p6� the grinding circuit.
 
“The acquisition will combine the leading ring motor product from Alstom with
ABB’s electrical offering for GMD systems, enabling ABB to enhance its position
as a strong vertically-integrated systems provider,” said Veli-Matti Reinikkala,
head of ABB’s Process Automation division. “The acquired expertise and market
strength will provide new opportunities for growth.”
 
The ring motor product and ABB’s current electrical offering for GMD systems can
only work in combination and are therefore fully complementary. The know-how,
experience and technology that this acquisition brings will enable ABB to
increase manufacturing capabilities and strengthen the ring motor business. In
the long term, end users will enjoy the benefits of ABB’s enhanced product
quality control and system performance.
 
The GMD eliminates all mechanical components of a conventional mill drive
system. By mounting the rotor poles directly onto the mill, the mill itself
becomes the rotor of the gearless motor. The gearless motor - also called wrap
-around motor or ring motor - is a very large synchronous machine which uses
power electronics and a magnetic field to control the speed of the motor
rotation. With no mechanical interaction between the stationary and rotating
parts, there is a significant reduction in the amount of energy used, fewer
parts and higher reliability. The motor power, so far, can go up to 28 megawatts
for such an application. An infographic of the ring motor and further visual
materials can be found
here (http://www.abb.com/cawp/seitp202/49408FA10360FC44C1257BB7004D641B.aspx).
 
Raw material from the crushing stage is typically fed to SAG (semi-autogenous),
AG (autogenous) and ball mills for further processing to break the rock into
smaller pieces. These mills are large rotating cylinders, from 10 to 15 meters
in diameter. They can grind hundreds of tons of ore per hour. For effective
grinding, these mills rotate at low speeds.
 
ABB (www.abb.com) is a leader in power and automation technologies that enable
utility and industry customers to improve their performance while lowering
environmental impact. The ABB Group of companies operates in around 100
countries and employs about 145,000 people.
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