Metso Outotec’s name changes to Metso
Metso Corporation’s press release on May 4, 2023 at 11.50 am EEST
Metso Outotec’s Annual General Meeting (AGM) yesterday approved the Board of Directors’ proposal to change the company name to Metso Corporation.
“After the successful integration of Metso and Outotec, we will focus on growing a strong unified Metso company and brand,” says President and CEO of Metso, Pekka Vauramo.
“We have combined two valuable companies into one strong Metso. Our focus is clear: we continue enabling sustainable modern life and transforming the industry with a clear strategy and strong culture, supported by a name that is short yet established and well recognized among all our stakeholders. Services are an extremely important part of our business, requiring a strong name,” he continues.
Outotec continues as a product brand and carries significant value as the name of some key technologies and products.
The change of the parent company name Metso Corporation is effective starting May 4, 2023, but globally the change will be implemented in a phased manner. The visual identity of the company remains unchanged, but the new name is reflected in the company logo.
Metso Outotec’s Executive Team has been renamed Metso Leadership Team (MLT).
Helena Marjaranta, Vice President, Communications and Brand, Metso, tel. +358 20 484 3212, email: helena.marjaranta(at)mogroup.com
Metso is a frontrunner in providing sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By helping our customers increase their productivity, improve their energy and water efficiency and environmental performance with our process and product expertise, we are the partner for positive change. Headquartered in Helsinki, Finland, Metso employs over 16,000 people in close to 50 countries and sales for 2022 were about EUR 5.3 billion. The company is listed on the Nasdaq Helsinki.