BEUMER Group announced the acquisition of the FAM Group, a supplier of conveyor systems and loading technology. FAM is headquartered in Magdeburg, Germany, and is an internationally operating, medium-sized group with 750 employees.
FAM plans, designs and manufactures turnkey plants and systems for mining, extracting, loading and storing minerals, raw materials and goods. In addition to expanding BEUMER’s portfolio, FAM’s know-how and global positioning also complement BEUMER’s competence in the project planning of plants. FAM brings not only planning and engineering, but the entire value chain to the BEUMER Group, including after sales service.
BEUMER has held a stable position in the bulk materials technology market for decades – and with the acquisition of the FAM Group, the systems provider has significantly strengthened its market position in the minerals and mining sector.
BEUMER said it offers FAM a long-term perspective anchored on the highest possible quality, sustainability and innovation. For almost 90 years now, the BEUMER Group, a family-run and wholly self-financed company, has been developing customized system solutions for the mining industry, among others.