# Metso and Outotec announce merger to form Metso Outotec

Metso and Outotec agreed to combine Metso Minerals and Outotec to create a leading company in process technology, equipment and services for minerals, metals and aggregates. The combined company will be named Metso Outotec.

- Type: Acquisition
- Announced: 2019-07-05
- Where: Finland
- Status: announced
- Products: process technology and equipment for minerals, metals and aggregates
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Metso](https://endata.com/companies/240.md)
- [Metso](https://endata.com/companies/240.md) (acquirer)
- [Outotec](https://endata.com/companies/776.md) (target)

## Sources

- [rockproducts.com](https://rockproducts.com/tag/merger/), 2019-07-05: "Metso and Outotec have agreed to combine Metso Minerals and Outotec to create a leading company in process technology, equipment and services serving the minerals, metals and aggregates industries."
- [baumagazin-online.de](https://www.baumagazin-online.de/d/metso-uebernimmt-mccloskey-und-strebt-fusion-mit-outotec-an/), 2019-08-15: "Die zu Metso Outotec fusionierten Unternehmen einschließlich McCloskey würden mit einem Jahresumsatz von rund 4,2 Mrd. Euro zum Mitbewerber Sandvik Mining and Rock Technology aufschließen."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.