# Arginta Engineering acquires Outotec Turula Oy plant in Outokumpu, Finland

Arginta Engineering, a Lithuanian engineering and metalworking company, announced the acquisition of a nearly 20,000 sqm plant in Outokumpu, Finland, previously owned by Metso Outotec Group. The deal is expected to be finalized on October 1, 2021.

- Type: Acquisition
- Announced: 2021-09-07
- Where: Outokumpu, Finland, Finland
- Status: announced
- Products: metal equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Metso Outotec](https://endata.com/companies/48313.md) (partner)
- [Arginta Engineering](https://endata.com/companies/57567.md) (acquirer)
- [Outotec Turula Oy](https://endata.com/companies/57568.md) (target)

## Sources

- [argintaengineering.lt](https://argintaengineering.lt/en/general/2021/arginta-engineering-expands-its-business-by-acquiring-a-plant-in-finland/), 2021-09-07: "This investment will allow us to significantly increase Arginta Engineering’s production capacity and turnover, and to offer our customers a broader range of manufacturing services."

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