# Metso Outotec completes merger clearance in India by licensing technology to Primetals Technologies

Metso Outotec has satisfied the Competition Commission of India's condition for the merger of Metso Minerals and Outotec by licensing its straight grate iron ore pelletizing capital equipment technology to Primetals Technologies, a joint venture of Mitsubishi Heavy Industries.

- Type: Regulation
- Announced: 2021-05-11
- Where: India
- Status: completed
- Products: straight grate iron ore pelletizing capital equipment, metallurgical plant equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Metso Outotec](https://endata.com/companies/48313.md)
- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (investor)
- [Primetals Technologies](https://endata.com/companies/16384.md) (partner)

## Sources

- [metso.com](https://www.metso.com/corporate/media/news/2021/5/metso-outotec-completes-merger-clearance-process-in-india/), 2021-05-11: "This condition has now been satisfied, as Metso Outotec has, with the approval of the CCI, licensed the relevant technology to Primetals Technologies."
- [georesources.net](https://www.georesources.net/cms.php/en/archive/10170/metso-outotec-completes-merger-clearance-process-in-india), 2021-05-13: "This condition has now been satisfied, as Metso Outotec has, with the approval of the CCI, licensed the relevant technology to Primetals Technologies."

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