# Metso exercises option to acquire remaining 25% of Shaorui Heavy Industries

Metso exercised its call option to acquire the remaining 25% of Chinese crushing and screening equipment manufacturer Shaorui Heavy Industries, making it a wholly owned subsidiary. The transaction is expected to close in Q4 2019.

- Type: Acquisition
- Announced: 2019-09-17
- Where: China
- Status: announced
- Products: crushing and screening equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Metso](https://endata.com/companies/240.md) (acquirer)
- [Shaorui Heavy Industries](https://endata.com/companies/42159.md) (target)

## Sources

- [im-mining.com](https://im-mining.com/2019/09/17/metso-to-buy-up-remaining-shares-in-chinese-crushing-and-screening-firm/), 2019-09-17: "Shaorui business is growing and our expectations are positive."
- [mining.com](https://www.mining.com/web/metso-acquires-remaining-shares-of-shaorui-heavy-industries/), 2019-09-17: "Shaorui business is growing and our expectations are positive."

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