{"id":1092356,"date":"2019-01-02T15:33:24","date_gmt":"2019-01-02T15:33:24","guid":{"rendered":"http:\/\/www.mining.com\/?p=961920"},"modified":"2019-01-02T15:33:24","modified_gmt":"2019-01-02T15:33:24","slug":"metso-makes-chilean-acquisition","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1092356","title":{"rendered":"Metso makes Chilean acquisition"},"content":{"rendered":"<p>Metso has agreed to acquire HighService Service, the service business of the Chilean mining technology and maintenance provider HighService Corp.<\/p>\n<p>HighService Service\u00a0is a\u00a0high-quality service provider for the mining industry, with operations in Chile, Argentina and Brazil. Its\u00a0sales in the fiscal year 2017 were 60 million euros and it has 1,300 employees.<\/p>\n<p>The acquisition is pending regulatory approval from the Chilean authorities and is expected to close during the first half of 2019.\u00a0The parties have agreed not to disclose the value of the transaction.<\/p>\n<p>\u201cThe acquisition supports Metso\u2019s growth strategy and will expand our service offering in the important Chilean and Pacific Rim mining markets,\u201d said\u00a0Mikko Keto, president of Metso\u2019s Minerals Services business area. \u201cWe are very happy to welcome HighService Service to Metso and look forward to offering full support to our existing and new customers in the region.\u201d<\/p>\n<p>HighService Service is part of HighService Corp, with extensive experience and recognized track record in integral, electrical and instrumentation maintenance since 1998. It is divided into two areas, Plant Maintenance Service Management and Drive and Automatic Control Management, specializing in technical assistance and remote monitoring in concentrator plants.<\/p>\n<p><em>This article first appeared in the <a href=\"http:\/\/www.canadianminingjournal.com\/news\/gold-nighthawk-updates-progress-on-road-near-indin-lake-project\/\"  rel=\"noopener\">Canadian Mining Journal.\u00a0<\/a><\/em><\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/metso-makes-chilean-acquisition\/\">Metso makes Chilean acquisition<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Metso has agreed to acquire HighService Service, the service business of the Chilean mining technology and maintenance provider HighService Corp.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/metso-makes-chilean-acquisition\/\">Metso makes Chilean acquisition<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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