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By 2009, half of Metso's orders received in 2009 came from emerging markets, compared to less than one fifth in 1999. In the same year, Metso entered into a combination agreement with
Tamfelt, one of the world's leading suppliers of technical textile. Subsequently, Metso made a public exchange offer
388:
By 2008, Metso had become
Finland's ninth largest company and the number of Metso shareholders had increased from 25,000 to 42,000. Metso strengthened its market position and service capacity in growing markets, particularly in India and China. During 2008, the expansions to the Ahmedabad foundry and
415:
In 2012, Metso agreed to form a joint venture with China's LiuGong Group to develop the track-mounted crushing business in China, consolidated its valve operations in the United States into new premises in
Massachusetts and opened a new valve supply and service center in Vadodara, India. In the same
419:
Metso
Recycling business offers metal and waste recycling equipment and services globally. On 1 September 2011, Metso announced that the Recycling business would be managed as a separate entity while Metso reviews other strategic alternatives for it. As part of this process, Metso evaluated both
431:
On 1 October 2013, the
Extraordinary General Meeting approved the demerger of Metso into two companies. At the start of 2014, Metso Corporation's Mining and Construction business and Automation business formed the new Metso Corporation and Metso's Pulp, Paper and Power business formed a new
567:
For minerals processing in the mining, aggregates and recycling industries, Metso's offering includes crushers, screens, mining solutions, grinding mills and media, conveyors, solutions for bulk materials handling as well as process, pyro processing and recycling equipment.
937:
762:
416:
year, Metso acquired the Korean valve manufacturer
Valstone Control Inc., U.S. software company ExperTune Inc. and 75 percent of the Chinese crushing and screening equipment producer Shaorui Heavy Industries.
1068:
438:
In 2015, Metso divested its
Process Automation Systems (PAS) business to Valmet, focusing on their mining and aggregates industries operations and on the flow control systems manufacturing business.
731:
938:"Outotec Oyj and Metso Corporation have received all regulatory approvals for the combination of Outotec and Metso Minerals – completion expected to take place on June 30, 2020"
435:
In
December 2013 Metso reduced its holding in Valmet Automotive to approximately 41%. As a result of this arrangement, Valmet Automotive ceased to be a Metso subsidiary.
885:
837:
446:
All regulatory approvals were received by 18 June 2020 and partial demerger was registered on 30 June 2020. Metso
Outotec and Neles started operations on 1 July 2020.
763:"Metso Corporation's partial demerger has been registered – Metso Corporation and Outotec Oyj have completed the combination of Metso's Minerals business and Outotec"
1039:
1072:
1174:
991:
420:
external and internal options. On 25 October 2012, Metso announced that Metso
Recycling will be integrated into Mining and Construction as of 1 December 2012.
1169:
1017:
1164:
399:
In September 2008, Metso sold 83% of its foundry in Sweden to an investment group assembled by the Primaca investment company. The Metso Foundries
911:
812:
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787:
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1199:
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859:
1194:
706:
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995:
403:
unit specialized in casts of wind power components, diesel engine blocks and Yankee cylinders for paper machines.
471:
Metso's President and CEO as well as Chairman of the Executive Team is Pekka Vauramo as of 1 November 2018.
732:"Metso Corporation and Outotec Oyj will complete the combination of Outotec and Metso's Minerals business"
393:
886:"Metso Corporation's holding in Valmet Automotive to be reduced as part of internal asset restructuring"
380:
in 1999. In 2013, Metso demerged into two separate companies: Metso Corporation and Valmet Corporation.
637:
110:
1094:
31:
17:
1184:
633:
629:
396:’ (MHI), making Metso the sole owner of Beloit's paper machinery intellectual property globally.
207:
35:
90:
331:
636:, but the listing there ended on 14 September 2007 and now, in the US, it is exchanged on the
349:
On 30 June 2020, Metso's partial demerger and combination of Metso Minerals business unit and
962:
30:
This article is about the defunct Finnish corporation. For the company founded in 2020, see
323:
120:
8:
1018:"Decisions taken by Metso's Annual General Meeting 2019 and Metso's Board of Directors"
335:
244:
441:
375:
423:
In August 2013, Metso closed the acquisition of Chinese manganese steel foundry JX.
1138:
620:
Metso's customers operate in mining, aggregates, recycling and process industries.
597:
489:
39:
912:"Divestment of Metso's Process Automation Systems business to Valmet completed"
343:
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483:
358:
194:
106:
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236:
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63:
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Metso's biggest registered shareholders on 30 September 2016 were:
577:
458:-headquartered bulk material handling company Brouwer Engineering.
442:
2020 partial demerger and combination of Metso Minerals and Outotec
400:
370:
199:
175:
134:
601:
581:
353:
took place. Two new companies started operations on 1 July 2020:
350:
181:
860:"Metso's demerger approved by the Extraordinary General Meeting"
492:(Vice Chairman since 31 December 2013. Board member since 2006.)
736:
547:
Giuseppe Campanelli, President, Minerals Services business area
327:
220:
130:
392:
Metso also purchased the paper machine technology of Japanese
589:
541:
Sami Takaluoma, President, Minerals Consumables business area
455:
354:
240:
535:
Markku Simula, President, Aggregates Equipment business area
643:
Starting from 1 July, Metso's share is continued by Neles.
576:
Metso's biggest competitors in the mining industry include
532:
Stephan W Kirsch, President, Mining Equipment business area
486:(Chairman since 31 December 2013. Board member since 2013.)
788:"Metso Corporation's partial demerger has been registered"
326:
company focusing on providing technology and services for
1121:
303:
54:
838:"Metso is acquiring a manganese steel foundry in China"
813:"Valmet completes 14.9% ownership acquisition of Neles"
432:
independent company under the name Valmet Corporation.
454:
In July 2023, it was announced Metso had acquired the
1128:
522:The Executive Team includes the following members.
369:Metso was created through the merger of Valmet and
1032:
986:
984:
679:Svenska litteratursällskapet i Finland r.f. (0.8%)
1087:
34:. For the library in Tampere called 'Metso', see
1146:
981:
830:
664:Keskinäinen Eläkevakuutusyhtiö Ilmarinen (1.5%)
544:Uffe Hansen, President, Recycling business area
1175:Manufacturing companies disestablished in 2020
632:. The share was previously traded also on the
479:Metso's Board includes the following members.
1063:
1061:
757:
755:
661:Keskinäinen työeläkevakuutusyhtiö Varma(3.4%)
474:
316:
88:
76:
1040:"Mining and Construction on Metso's website"
682:Keskinäinen Työeläkevakuutusyhtiö Elo (0.6%)
550:Kalle Sipilä, President, Pumps business area
1170:Manufacturing companies established in 1999
611:Metso premises in Hakkila, Vantaa, Finland.
389:the Bawal factory in India were completed.
1058:
752:
62:
1165:Manufacturing companies based in Helsinki
701:
699:
606:
562:
992:"Metso's management on Metso's website"
676:Mandatum Henkivakuutusosakeyhtiö (1.0%)
517:
466:
426:
14:
1147:
557:
1095:"Top shareholders on Metso's website"
696:
553:Jani Puroranta, Chief Digital Officer
27:Finnish industrial machinery company
1190:Pulp and paper companies of Finland
963:"Metso acquire Brouwer Engineering"
588:, and in the construction industry
24:
1160:Manufacturing companies of Finland
685:Schweizerische Nationalbank (0.5%)
529:Eeva Sipilä, CFO and Deputy to CEO
25:
1211:
1200:2020 disestablishments in Finland
1113:
1155:Engineering companies of Finland
1131:
1069:"Metso share on Metso's website"
628:Metso's share was listed on the
526:Pekka Vauramo, President and CEO
275:
274:
255:
254:
53:
955:
930:
646:
538:Olli Isotalo, President, Valves
461:
219:Industrial company serving the
1195:1999 establishments in Finland
904:
878:
852:
805:
780:
724:
571:
346:and other process industries.
13:
1:
1180:2020 mergers and acquisitions
689:
638:over-the-counter (OTC) market
407:for all of Tamfelt's shares.
615:
7:
670:Valtion Eläkerahasto (1.0%)
394:Mitsubishi Heavy Industries
10:
1216:
707:"Financial Statement 2019"
475:Metso’s Board of Directors
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29:
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1071:. Metso. Archived from
1042:. Metso. Archived from
994:. Metso. Archived from
634:New York Stock Exchange
630:Helsinki Stock Exchange
38:. For the surname, see
36:Tampere Central Library
612:
498:Lars Josefsson (2013–)
495:Peter Carlsson (2016–)
89:
77:
667:Odin -rahastot (1.0%)
610:
563:Products and services
504:Antti Mäkinen (2018–)
159:1 July 2020
518:Metso Executive Team
467:Corporate governance
427:2013 company demerge
324:industrial machinery
121:Industrial machinery
32:Metso (2020–present)
558:Minerals processing
501:Nina Kopola (2013–)
288:Number of employees
91:Julkinen osakeyhtiö
49:
1075:on 17 January 2013
1046:on 9 February 2013
613:
510:Arja Talma (2016–)
245:process industries
47:
312:Metso Corporation
309:
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48:Metso Corporation
16:(Redirected from
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1139:Companies portal
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1122:Official website
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206:(President and
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107:Nasdaq Helsinki
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40:Metso (surname)
28:
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1114:External links
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998:on 7 July 2016
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969:. 24 July 2023
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929:
916:Metso.com news
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890:Metso.com news
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864:metso.com/news
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817:www.valmet.com
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942:Metso Outotec
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767:Metso Outotec
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484:Mikael Lilius
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359:Metso Outotec
356:
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341:
337:
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329:
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321:
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305:
304:www.metso.com
302:
298:
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279:€418 million
273:
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259:€3.6 billion
253:
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195:Mikael Lilius
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1099:. Retrieved
1089:
1077:. Retrieved
1073:the original
1048:. Retrieved
1044:the original
1034:
1022:. Retrieved
1012:
1000:. Retrieved
996:the original
971:. Retrieved
966:
957:
945:. Retrieved
941:
932:
922:22 September
920:. Retrieved
915:
906:
896:22 September
894:. Retrieved
889:
880:
870:22 September
868:. Retrieved
863:
854:
844:21 September
842:. Retrieved
832:
820:. Retrieved
816:
807:
795:. Retrieved
791:
782:
770:. Retrieved
766:
742:. Retrieved
735:
726:
714:. Retrieved
650:
647:Shareholders
642:
627:
619:
586:ThyssenKrupp
575:
566:
521:
507:Kari Stadigh
478:
470:
462:Organization
453:
445:
437:
434:
430:
422:
418:
414:
405:
398:
391:
387:
368:
348:
315:
311:
310:
225:construction
171:Headquarters
85:Company type
44:
967:agg-net.com
673:Keva (1.0%)
656:Solidium Oy
598:Caterpillar
594:Atlas Copco
572:Competitors
513:Raimo Brand
374: [
336:oil and gas
233:oil and gas
127:Predecessor
72:Native name
1149:Categories
1101:12 October
1079:29 October
1002:10 October
744:16 October
716:6 February
690:References
332:aggregates
314:(natively
294:(end 2019)
190:Key people
163:2020-07-01
792:Neles.com
616:Customers
340:recycling
318:Metso Oyj
229:recycling
101:Traded as
78:Metso Oyj
1024:25 April
973:9 August
578:FLSmidth
401:Karlstad
371:Rauma Oy
216:Products
200:Chairman
176:Helsinki
135:Rauma Oy
117:Industry
18:Rauma Oy
1097:. Metso
1020:. Metso
918:. Metso
892:. Metso
866:. Metso
840:. Metso
822:20 July
712:. Metso
658:(14.9%)
602:Sandvik
582:Outotec
365:History
351:Outotec
300:Website
292:15,000
251:Revenue
182:Finland
161: (
156:Defunct
146: (
141:Founded
109::
1050:14 May
947:8 July
797:8 July
772:8 July
740:. 2020
737:Valmet
334:, and
328:mining
281:(2019)
261:(2019)
221:mining
131:Valmet
710:(PDF)
624:Share
590:Terex
456:Perth
450:2020s
411:2010s
384:2000s
378:]
355:Neles
241:paper
111:METSO
1103:2016
1081:2012
1052:2013
1026:2019
1004:2017
975:2023
949:2020
924:2016
898:2016
872:2016
846:2016
824:2022
799:2020
774:2020
746:2023
718:2020
600:and
584:and
357:and
243:and
237:pulp
148:1999
144:1999
208:CEO
1151::
1060:^
983:^
965:.
940:.
914:.
888:.
862:.
815:.
790:.
765:.
754:^
734:.
698:^
640:.
604:.
596:,
592:,
580:,
376:fi
361:.
342:,
338:,
330:,
239:,
235:,
231:,
227:,
223:,
179:,
133:,
1105:.
1083:.
1054:.
1028:.
1006:.
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951:.
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900:.
874:.
848:.
826:.
801:.
776:.
748:.
720:.
210:)
202:)
198:(
165:)
150:)
42:.
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
