Metso to acquire McCloskey International for CAD 464M

Metso signed an agreement to acquire McCloskey International, a Canadian mobile crushing and screening equipment manufacturer, for CAD 464 million (EUR 308 million) in pro forma sales. The acquisition expands Metso's aggregates offering globally.

“This acquisition is in line with Metso's profitable growth strategy.”globenewswire.com

• 5 sources
• globenewswire.comMetso to accelerate growth in aggregates with theMetso CorporationJun 10, 2019
• mining.comFinland's Metso buys Canada's McCloskey for $317m - MINING.COMJackson ChenJun 10, 2019
• metso.comCombination of Outotec and Metso Minerals - Metso Flow Control to Become an Independent Company - MetsoJul 4, 2019
• industrialinfo.comMetso Minerals, Outotec Announce Major Merger, an Industrial Info...Jul 5, 2019
• miningweekly.comMetso Minerals, Outotec combine forcesMarleny Arnoldi

Summarized from public sources; check the original articles before acting on it.