Wigge & Partners has advised Ovako in connection with the agreement to sell its ball mill in Forsbacka to newly formed Forsbacka Kulverk AB.
The ball mill mainly produces grinding balls for the mining and cement industries. Its total production volume in 2015 was nearly 4,000 metric tons. Under the agreement, Forsbacka Kulverk AB will take over the operations from 1 January 2017.