Ratingen, Germany – September 3, 2024
INTOCAST AG, a leader in the refractory industry, is pleased to announce the acquisition of shares in Sapotech, a pioneering Finnish company specializing in analytical visualization technology. This move marks a significant evolution in the strategic alliance that was initially formed in May 2024, further strengthening Sapotech’s position within the INTOCAST Group of experts.
The initial collaboration between INTOCAST and Sapotech has already generated remarkable success, pushing the boundaries of steel production processes by integrating real-time visualization and monitoring technologies. With the acquisition of shares, INTOCAST aims to deepen this collaboration, ensuring even closer cooperation and further innovation in the fields of real-time monitoring, quality assurance, and occupational safety.
“The success of our initial partnership with Sapotech exceeded our expectations, leading us to take this next strategic step,” said Matthias Normann, CEO of INTOCAST AG. “By bringing Sapotech into the INTOCAST Group, we not only strengthen our technological capabilities but also reinforce our commitment to delivering cutting-edge solutions to the metallurgical industry.”
Saku Kaukonen, CEO of Sapotech, also expressed enthusiasm for this next phase: “Joining the INTOCAST Group represents an exciting new chapter for Sapotech. Together, we will continue to set new standards in the industry, leveraging our combined expertise to drive innovation and enhance the value we offer to our clients.”
The acquisition aligns with INTOCAST’s long-term strategy to integrate advanced technologies into its high-performance refractory solutions by officially integrating Sapotech’s innovative visualization and AI technologies into its services.
