AFRY acquires KSH – a Canadian engineering company focused on the process industries sector, also in PTI News AFRY partner in Metsä Board’s new folding boxboard mill pre-engineering in Finland.
The acquisition of KSH supports AFRY’s strategy to scale globally in decarbonisation, energy and biobased materials. It also strengthens AFRY’s position as a leading global engineering company in pulp and paper by increasing capabilities within project and construction management deliveries in North America.
KSH is a Canadian consulting, engineering, and project delivery services company with extensive experience in capital intensive industries such as the pulp & paper, chemicals and biorefining, as well as in energy, water and environment sectors. KSH provides services globally from its units in Canada.
By acquiring KSH, AFRY enhances its competence and engineering service offerings in the process industry sectors like pulp & paper, mining & metals, chemicals, and food & beverage and will be able to provide services covering the entire project life cycle from the early project development phase studies to the project execution and operational phase support.
“By joining forces, we create a strong platform for growth in North America. We can also serve our clients even better by our joint offering in process technologies, multidisciplinary engineering, project deliveries as well as operational phase support. With our engaged and talented people, we will improve our ability to take on more complex assignments, meeting our clients’ needs for advanced sustainable solutions. This will further strengthen our position as one of the leading experts and partners to our process industry sector clients and we are excited to welcome our new colleagues from KSH,” says Nicholas Oksanen, EVP and Head of Process Industries at AFRY.
“AFRY is a traditional and competent company with good reputation that has strong foothold as a trusted partner in the industry sector in North America. By bringing our resources together, combining in-depth expertise and multidisciplinary skills, we are able to scale up a much stronger local offering strengthened with AFRY’s international coverage, and be able to serve even better the evolving needs of clients. Becoming part of the AFRY family is a hugely exciting next chapter in our story and will bring many opportunities for our people,” says Martin Pereira, CEO of KSH.
The company has annual net sales of approximately 180 MSEK and 130 employees based in Montreal and Toronto. KSH will be consolidated into AFRY as of May 2023.
For further information, please contact: Cathrine Sandegren, EVP and Head of Communications and Brand
+46 70–292 68 26
AFRY engineering partner in Metsä Board’s new folding boxboard mill pre-engineering in Finland
Metsä Board, part of Metsä Group, and AFRY have agreed on an engineering assignment, when the company plans to build a new folding boxboard mill in Kaskinen mill site, Finland.
Metsä Board has started pre-engineering for a new folding boxboard mill with an annual capacity of approximately 800,000 tonnes at the Kaskinen mill site in Finland. AFRY has received an assignment for pre-engineering, which includes architectural, infrastructure, building technology, and structural engineering. In the pre-engineering phase, in terms of construction, e.g., wood construction will be promoted, and existing mill site infrastructure will be developed. As part of the pre-engineering, an environmental impact assessment and an environmental permit process have been launched.
Demand for packaging made from renewable raw materials that replace plastic packages will continue to grow. This demand will be met with more sustainable packaging solutions that supports the transition to a circular economy.
The pre-engineering for the new folding boxboard mill is based on fossil-free production and world-class resource and production efficiency. Thanks to the best available technology, the consumption of raw materials, energy, and water per tonne of folding boxboard produced would be significantly lower when compared with the existing mills.
”Our plans are strongly guided by responsibility. In addition to resource and production efficiency, we also aim for world-class environmental efficiency. I am happy that we can utilize AFRY’s wide experience in this important project,” says Tero Ojala, Project Director, Metsä Board.
“We are grateful for Metsä’s trust in AFRY in this sustainable project, which is in line with our values, and where we can utilize our long experience in the forest industry. In cooperation with Metsä, we are also developing new cooperation models which bring inspiring dimension to the project team,” says Janne Ranz, Head of the Engineering unit, AFRY Process Industries division, Finland.
Metsä Board estimates that the possible investment decision could be made in 2024 at the earliest. The value of the order for AFRY has not been disclosed.
For further information, please contact:
Kalle Rasinmäki, Head of Process Industries Finland and Asia
Tel. +358 40 566 4250
E-mail kalle.rasinmaki@afry.com
Media enquiries:
Marika Hahtala, Head of Business Development, Marketing & Communications, AFRY Process Industries
Mobile +358 40 823 8986
E-mail marika.hahtala@afry.com
Interested in learning more? Global demand growth for fibre-based packaging is accelerating as it becomes one of the key enablers of the transition towards circular economy. Consumer boards are simultaneously renewable and recyclable and are therefore increasingly used as sustainable packaging materials for a multitude of uses including, foods, confectionary, beverages, cosmetics, and pharmaceuticals. Read more: Pulp & Paper | AFRY
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