Metso to divest its grinding media business to Moly-Cop

Metso has signed an agreement to divest its grinding media business to Moly-Cop, a portfolio company of American Industrial Partners. The transaction comprises the sale of Metso Spain Holding, S.L.U, including operations in two locations with around 80 employees in Spain (Bilbao and Seville). The estimated turnover of the business in 2018 will be approximately EUR 60 million. The value of the transaction will not be disclosed. – – "Metso's growth strategy in the consumables business is to f…

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Source: WebWire
Metso to divest its grinding media business to Moly-Cop



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