◂ Announcements

Aug 15, 2019ACQUISITIONCanada

Metso to acquire McCloskey for EUR 279M

Metso agreed to acquire Canadian crushing and screening specialist McCloskey for EUR 279 million. Metso also plans to merge with Outotec by mid-2020 and spin off its Flow Control segment as Neles.

Value

$310.0M (279.0M EUR)

Status

Announced

Productscrushing and screening equipment

CompaniesMetso acquirer McCloskey target

Sectors#Industrial Machinery #Mining Equipment

“Diese Übernahme stärkt unser Zuschlagstoffgeschäft in wichtigen Wachstumsbereichen.”baumagazin-online.de

1 source
baumagazin-online.deMetso übernimmt McCloskey und strebt Fusion mit Outotec anAug 15, 2019

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

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Metso to acquire McCloskey for EUR 279M · Endata