Vesuvius Invests in Finland-Based Sapotech
Collaboration between experts from Vesuvius and Sapotech is expected to contribute to the development of Vesuvius’ offering of expert services around the continuous casting process to its steel customers.
Vesuvius PLC has taken a strategic stake in Sapotech Oy, a Finland-based technology company. Sapotech has developed a suite of vision products around its Reveal Platform, which reportedly allows for data to be captured, viewed, analyzed, stored, and shared between different processes and users across a metallurgical production line. As such, it complements Vesuvius’ role in adding value to customer processes in the same end markets.
In parallel with this direct participation in the future of Sapotech, Vesuvius will distribute, under an exclusive arrangement, Sapotech’s Reveal product range through the Vesuvius network in Central Europe, Asia and the Americas, helping Sapotech to expand and accelerate its market development. In addition, collaboration between experts from Vesuvius and Sapotech is expected to contribute to the development of Vesuvius’ offering of expert services around the continuous casting process to its steel customers.
“We are confident that Vesuvius’ global presence will boost our growth and presence in international markets,” said Saku Kaukonen, CEO of Sapotech. “Through technical collaboration we can develop our Reveal Platform technology further and offer a unique selection of Reveal and Vesuvius solutions to our customers. Ultimately, our solutions will revolutionize the monitoring of metal and steel manufacturing processes.”
“Sapotech’s Reveal Cast system fits perfectly into Vesuvius’ strategy to develop an Expert Service for our steel customers,” said Roel van der Sluis, president of Flow Control for Vesuvius. “We also see many interesting new opportunities for the rest of the Reveal Product range developed by this very innovative team at Sapotech.”