Swedish logging machine manufacturers Eco Log and Gremo are merging. in this respect, the two companies have already signed a declaration of intent to merge, a move that is planned for Summer 2020.
Eco Log CEO, Anders Gustafson, sees big potential in a merger that is completely in line with the company‘s strategy of growth and, above all, a positive development for existing as well as new customers to both Eco Log and Gremo.
The new joint company will receive an assortment of forwarders that include a range from 7.5 tonnes up to 20 tonnes. “In addition, Eco Log’s already wide harvester range is complemented by a smaller 8-wheel harvester that enables gentle and environmentally sustainable forestry in very sensitive terrain,” Eco Log writes in a press release.
Facts of the merger
- An Intent of Merger has been signed by Eco Log and Gremo.
- From Summer 2020 all machines will be produced in the Eco Log Factory in Söderhamn.
- All sales will be handled by the Eco Log organization from Summer 2020.
- Gremo Maskin Service (GMS) will continue as a service provider in the Gremo Factory in Ätran.