Metso Minerals, subsidiary of global industrial company Metso, will merge with Finnish-listed technology company Outotec to form a leading process technology, equipment and services company serving the minerals, metals and aggregate industries.
The combined company, to be named Metso Outotec, is estimated to have combined sales of about €3.9-billion, or about €4.2-billion if Metso’s recently announced acquisition of screening and crushing equipment supplier McCloskey is included.