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MEI Online: Comminution: Latest News: October 10th 2002

 
    
:: Metso Minerals' operational integration concluded as planned  

Metso reports that the timing of the integration of the Svedala businesses into Metso Minerals has proceeded as planned since their acquisition in September 2001.

Following the acquisition and integration, Metso Minerals is the clear global market leader in supplying solutions, equipment and aftermarket services for rock and mineral crushing processes. The main customer segments are civil engineering contractors, quarries and mines. The acquisition of Svedala strengthened Metso Minerals especially in the mining industry and in aftermarket operations. Consolidation among customers and their widening scope of activities increases demands on equipment suppliers to provide comprehensive solutions alongside individual products globally. Benefits of Metso Minerals' enhanced market position are beginning to show e.g. through comprehensive service contracts with mining and quarrying customers. In addition, integration of automation know-how in Metso Minerals products enables the development of new generation automation systems in rock and mineral processing solutions which will strengthen Metso Minerals' market position.

 

   

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Contact:
Sakari Tamminen
Executive Vice President and CFO
Metso Corporation
tel. +358 204 843 010
Olli Vaartimo
President
Metso Minerals
tel. +358 400 864 203

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