SSAB is acquiring JL Steel Services Ltd (JL Steel) in Stirling, Scotland. The company specialises in the manufacture and installation of wear parts, and repair services for customers within the mining, quarrying and recycling sectors in Scotland and northern England.
SSAB is acquiring JL Steel as part of its strategy of developing the local aftermarket services offering to its customers.
“JL Steel has been a Hardox Wearparts Center since 2003 and I regard the purchase as a way of strengthening our customer relations and enhancing our service,” says Chris Van Beurden, Vice President Wear Services EMEA. “JL Steel will be a flagship for our expanded product and service offering to end customers in the region.”
JL Steel has equipment for the cutting and machining of abrasion-resistant Hardox plate, and in addition has mobile workshops which provide welding, installation and maintenance on site at the end customers. The company has 16 employees. JL Steel also enjoys a strong position within the expanding recycling industry in Scotland, which is in line with SSAB’s environmental work for achieving a more sustainable society.
“We have cooperated with SSAB for many years and I am very positive about becoming a part of SSAB,” says David Stobo, owner and managing director of JL Steel. “We are contributing with a strong presence in the region and SSAB is contributing with extensive know-how, and thus together we will be even stronger.”
SSAB is a global leader in value added, high strength steel. SSAB offers products developed in close cooperation with its customers to create a stronger, lighter and more sustainable world.SSAB has employees in over 45 countries and operates production facilities in Sweden and the US. SSAB is listed on the NASDAQ OMX Nordic Exchange, Stockholm. www.ssab.com