OUTOTEC OYJ PRESS RELEASE, MAY 17, 2010 AT 9.15 AM
Outotec's acquisition of Edmeston AB completed
After successful completion of the confirmatory due diligence, Outotec has closed the acquisition of Edmeston AB. Outotec announced the acquisition of all shares in Edmeston AB on April 29, 2010.
Edmeston AB is a Swedish, Gothenburg-based company specializing in engineering and supply of process equipment used primarily in sulfuric acid plants. Edmeston has unique know-how of special stainless steel grades suitable for use in highly corrosive environment. Edmeston's annual revenues are approximately EUR 10 million, and it employs around a dozen professionals.
For further information please contact:
Peter Weber, President - Energy, Light Metals and Environmental Solutions
tel. +49 6171 9693 165
Eila Paatela, Vice President - Corporate Communications
tel. +358 20 529 2004, +358 400 817198