Becoming Neles Corporation

Metso Flow Control becomes a focused standalone flow control company Neles Corporation.
Virtual Capital Markets Day 2020
of the future Neles Corporation will be hosted virtually on May 27, 2020, from 1 p.m. to 5 p.m. EEST.

Gradually taking our new identity

We are gradually taking on our new identity as Neles. Neles Corporation will be created in a partial demerger of Metso, as Metso’s Minerals Business  combines with Outotec to create Metso Outotec. The transition will last until June 30, after which we will be an independent and focused flow control company, helping our customers to improve their process performance  throughout their investment and operations life cycle.

You’ll find more information on this site. As always, do not hesitate to contact us in any questions you might have.

Olli Isotalo

”We are building a focused world-class flow control company striving to deliver most reliable customer experience to the process industries. With our team of nearly 3000 professionals worldwide, industry leading technologies and service capabilities we have a solid foundation to build on. We are extremely excited to take this next, historical step to become an independent Neles.”

Olli Isotalo, future CEO of Neles

Neles in numbers

Employees

Neles has about 2,900 employees.

Sales

Neles sales are around EUR 660 million. (unaudited carve-out sales of full-year 2019)

Shares

Independent from Metso Outotec and 100% owned by Metso’s shareholders.

CEO

Olli Isotalo will be the CEO of Neles.

Executive Management Team

Neles Corporation's Executive Management Team will consist of President and CEO Olli Isotalo and the heads of its business lines, market areas, operations and corporate functions. The members of the Executive Management Team are:

Olli Isotalo, President and CEO

Heads of business lines:
Timo Hänninen, Equipment
Sami Nousiainen, Services
Kalle Suurpää, Valve Controls & Actuators

Heads of market areas:
Patrick Dunn, North America
Fabio Maia, South America
Jon Jested-Rask, EMEIA
Tan HangPheng, Asia-Pacific

Head of operations: Kevin Tinsley

Heads of corporate functions:
Simo Sääskilahti, Finance (CFO)
Hanne Peltola, Human Resources
Kaisa Voutilainen, Communications and Marketing

Taking on a new identity in stages

We are becoming Neles in stages. To ensure continuous support capabilities through transition and beyond, we have established Neles entities in more than 40 countries.

Another visible step will take place during, when we’ll change our emails to new @neles.com domain. There’s no need to worry - the people you know and with whom you have been in contact will continue to serve you in the future, too. You can continue to be confident of the quality of products and services you have become to rely on.

Adopting our new Neles identity
Strategy for profitable growth’
Neles vision and strategy

Neles’ vision is to become a leading diversified valve and valve automation company, reinventing reliability in flow control. The company’s competitiveness is based on the high-quality of its products and services, its proven technologies as well as global expert team. 

Neles is a reliable partner offering sustainable solutions for its customer industries by helping to ensure the safe flow of materials. Neles achieves this through constant development of product quality, material efficiency and operations. As part of its strategy, Neles continues to integrate sustainability throughout the value chain.

Read more about strategy