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Metso outotec merger

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1 (the Metso Minerals and Outotec have agreed to merge to create “Metso Outotec” a company that will deliver process technology and equipment to the minerals, metals and aggregates industries. The new combined company, which excludes Metso Flow Control, has a combined sales total of €3.9 billion in 2018, or €4.2 billion including the recently announced acquisition of McCloskey by Metso. 2020-07-03 Metso Outotec merger is a go for June 30 after all remaining competition clearances received Posted by Paul Moore on 18th June 2020 Metso Corporation and Outotec Oyj have now received the remaining outstanding competition clearances for the combination of Metso’s Minerals business with Outotec through a partial demerger of Metso. The combined company, Metso Outotec Corporation (Metso Outotec or the combined company), had illustrative 2018 combined sales and Adjusted EBITA of €3.9 billion and €369 million (excluding the impact of the €110 million provision recorded in relation to the ilmenite smelter project as described in Outotec’s 2018 financial statements).

Metso Outotec Corp MOCORP Finansiell sammanfattning

According to Stephan Kirsch, President of the Minerals business area, The merger will allow Metso Outotec to add value to each other in these areas. Another exciting prospect resulting from the move is that the two companies will now combine €100m in R&D efforts, bringing together processing leaders and knowhow.

Metso outotec merger

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Metso outotec merger

10 feb. 2021 — Kontakta matilda.dankemeier@benify.com (Talent Acquisition Finansiell säljare till Svea · Site account manager till Metso:Outotec i Kiruna  18 jan. 2021 — Betsson, embracer, kindred, Metso outotec, SCA, sibanye stillwater, SVAC, GHVI - Planerar att hålla till merger om de går med vinst då,  1 nov. 2016 — Mannheimer Swartling advises Partners Group on the acquisition of Parmaco. May 9, 2014 - Assignment Outotec acquires Republic Alternative Folksam, Metso and PEAB have decided to invest a total of USD 100 million,  Metso Outotec. Styrelseledamot: Kone. Corpo ration Super visory Board, Metso​.

Metso outotec merger

Of these, 87 are redundancies of permanent employment and The merger only includes Metso's minerals segment, while its flow control business - part of Metso Minerals originally - will operate separately under the name Neles. Metso Outotec will be headquartered in Helsinki, Finland. FINLAND –Metso and Outotec have received all of the regulatory approvals for the combination of Metso’s minerals business with Outotec. The merger will be complete once Metso’s partial demerger is registered with the Finnish authorities, which is expected to take place on Jun.30. Metso Outotec, a new company focused on sustainable minerals and metals processing and recycling technologies began operations in July. Headquartered in Finland and listed on the Nasdaq Helsinki, Metso Outotec employs more than 15,000 people in more than 50 countries and its combined sales for 2019 were about EUR$4.2 billion..
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Metso outotec merger

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Metso and Outotec completed a merger in July 2020 that resulted in Metso Outotec. Headquartered in Helsinki, the new company offers an end-to-end, comprehensive portfolio of mineral processing solutions, has a network of 5,000+ service experts worldwide, and in March opened an industry leading performance centre in Santiago to provide remote Metso Minerals and Outotec have agreed to merge to create “Metso Outotec” a company that will deliver process technology and equipment to the minerals, metals and aggregates industries.
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The companies received unconditional merger control clearance from the European Commission in May. According to a news release from Metso, the completion of Metso’s partial demerger was registered at the Finnish Trade Register June 30. As a result of the transaction, Outotec is now Metso Outotec Corp. 2019-07-04 2020-07-01 The Metso and Outotec combination is now set to take place on June 30. Once merged, Metso will be renamed Neles Corporation and form a separately listed entity focussed on flow control.


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Metso Corporation and Outotec Oyi have received competition clearances to combine both businesses through a partial demerger of Metso. The Metso and Outotec combination is now set to take place on June 30.