Metso Corporation : Metso closes the transaction of FLSmidth lime kiln and
Metso Corporation's press release on June 28, 2013 at 2:00 p.m. local time
Metso has on June 28, 2013 closed the acquisition of the lime kiln and
recausticizing technology of FLSmidth. The acquired business has been
affiliated to Metso's Pulp, Paper and Power segment, Fiber business line. The
value of the transaction will not be disclosed.
A new lime kiln technology center is established in Copenhagen, Denmark. In
total more than 20 employees experienced in the lime kiln and recausticizing
business will join Metso in connection to the transaction. The technology
center for recausticizing will continue to be located in Karlstad, Sweden.
This acquisition completes Metso's portfolio as a full scope supplier to the
pulp industry, and is in line with Metso's strategy to be the leading global
supplier of equipment and processes to the pulp and paper industry.
Metso's pulp, paper and power professionals specialize in processes,
machinery, equipment, services, paper machine clothing and filter fabrics. Our
offering and experience cover the entire process life cycle including new
production lines, rebuilds and services.
As of January 2014, Metso's Pulp, Paper and Power business will serve its
customers with an even more focused and competitive approach as an
independent, listed company, Valmet Corporation*.
*Pending Metso EGM approval.
Metso is a global supplier of technology and services to customers in the
process industries, including mining, construction, pulp and paper, power, and
oil and gas. Our 30,000 professionals based in over 50 countries contribute to
sustainability and deliver profitability to customers worldwide. Metso's
shares are listed on the NASDAQ OMX Helsinki Ltd.
For further information, please contact:
Stefan Mattsson, Vice President, Fiber Processing business unit, Fiber
business line, Metso, tel. +46 70 653 38 18
Erik Kornfeld, Vice President, Legal, Patents and Business Development, Fiber
business line, Metso, tel. +46 70 383 22 84
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information contained therein.
Source: Metso Corporation via Thomson Reuters ONE
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