Stock Exchange release October 7, 2009 12:30:00 PM CET
Metso completes the acquisition of M&J Industries A/S
Metso Corporation's company release on October 7, 2009 at 1:30 p.m.
Metso has completed the acquisition of Danish M&J Industries A/S, a manufacturing company of mobile and stationary products for solid-waste crushing, from Dansk Kapitalanlæg. The ownership of the company was transferred to Metso on October 7, 2009.
The acquired company will be integrated into Metso's Recycling business line, and the legal name of the entity will be Metso Denmark. The net debt free value of the transaction is about EUR 16 million.
M&J Industries have approximately 100 employees who will be transferred to Metso. Its forecasted net sales in 2009 are approximately EUR 26 million.
Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 28,000 employees in more than 50 countries. www.metso.com
Further information for the press, please contact:
Christoffer Ribbing, President, Recycling Business line, Metso, tel +49 211 2105 627
Christer Schönberg, Sr. VP, Business Development, Energy & Environment Technology, Metso, tel +358 400 828 403
Further information for investors, please contact:
Johanna Henttonen, Vice President, Investor Relations, Metso Corporation, tel. +358 20 484 3253
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