SMS Equipment Acquires Finland's Suomen Rakennuskone Oy [Yahoo! Finance]
SUMITOMO CORP S/ADR (SSUMY)
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Source: Yahoo! Finance
ACHESON, AB Jan. 22, 2026 /CNW/ - Canadian heavy equipment dealer SMS Equipment announced its expansion into Europe with the acquisition of Suomen Rakennuskone Oy, one of Finland's leading distributors of construction and mining machinery. The purchase expands SMS Equipment's global footprint, which also includes operations in Alaska and Mongolia. "The acquisition of Suomen Rakennuskone Oy represents an important milestone in our international growth," says Robin Heard, SMS Equipment President and CEO. "Through the expansion, we're able to extend our depth of expertise developed in global mining and construction segments, and work with Suomen Rakennuskone Oy to further develop these industries in Finland. Together, we will evolve our global capabilities and strengthen the value we deliver to all our customers." Established in 1992, Suomen Rakennuskone Oy provides heavy equipment sales, maintenance, parts, training and technical support to customers across Finland. Headquartered i
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