Metso closes the transaction of FLSmidth lime kiln and recausticizing technology
HELSINKI, FINLAND -- (Marketwired) -- 06/28/13 -- 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
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
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
pulp industry, and is in line with Metso's strategy to be the
supplier of equipment and processes to the pulp and
Metso's pulp, paper and power professionals specialize in processes,
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
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
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Source: Metso Corporation via Thomson Reuters ONE
For further information, please contact:
Vice President, Fiber Processing business unit, Fiber business line
tel. +46 70 653 38 18
Vice President, Legal, Patents and Business Development, Fiber business
tel. +46 70 383 22 84
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