Metso Corporation finalized on December 29, 2006 the divestment of the shares of Metso Powdermet AB in Sweden to Sandvik AB following the regulatory approvals. The transaction was published on November 23, 2006.
Metso is a global engineering and technology corporation with 2005 net sales of approximately EUR 4.2 billion. Its 25,000 employees in more than 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.
For further information, please contact:
Vesa Kainu, President, Metso Ventures, tel. +358 204 84 3258