INTECO acquires majority shares of SPT Swedish Process Technology AB
End of May INTECO acquired 70 % of shares as well as all intellectual property rights from the Swedish engineering company SPT Swedish Process Technology AB, located in Falun.
The Ingot Casting specialist will become part of the INTECO Group under its new name INTECO SPT swedish process technologies and strengthen this product sector with its expertise and long-time experience. Furthermore INTECO SPT will be the INTECO Group contact for Scandinavian customers.
With its process technology and plant engineering, the INTECO Group is able to facilitate all production processes starting from scrap as raw material followed by liquid treatment of steel, ferroalloys, superalloys and finished by the ingot or continuous casting process and the subsequent remelting technologies.