Shaorui Heavy Industries

Activity by year

20192020202120222023202420252026

Acquisition

Feb 27, 2020ACQUISITIONShanghai, China
Metso to sell its stake in Shanghai-Neles Jamesbury Valve JV to Shanghai Electric unit
Metso agreed to sell its 50% stake in Shanghai-Neles Jamesbury Valve Co. to Shanghai Electric International Economic & Trading, its joint venture partner. Metso will move Jamesbury valve production to its Shanghai Technology Center.
Metso Metso acquirer Outotec target Shanghai Electric International Economic & Trading acquirer Shaorui Heavy Industries target #Pumps and Valves australianmining.com.au mining.com quarrymagazine.com
Sep 17, 2019ACQUISITIONChina
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.
Metso acquirer Shaorui Heavy Industries target #Industrial Machinery im-mining.com mining.com

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