NEWS

(01/17/2013 / sha)

Metso: Divesting MEtso Husum AB to Pichano Holding AB

Metso has divested all its shares of Metso Husum AB to Pichano Holding AB, as a result of a restructing plan of its service workshop network in Sweden. The value of the agreement will not be disclosed.

 
 

Metso Husum AB is specialized in repair and maintenance work to the pulp and paper industry as well as to the construction industry. They provide services at the customer site as well as manufacture in their own workshop. The company has a turnover of EUR 1.5 million and 12 employees. All employees will remain with the company. The company is located close to Örnsköldsvik, Sweden.

”We will integrate the Husum company into Pichano without major changes, and then continue to develop the business in the areas we focus on; i.e. bioenergy, hydroelectric power, wind power, and steel work within the construction industry”, says Kent Modin, VD, Pichano Holding AB.

The Pichano group is a full service company serving customers within the construction, transport and maintenance area. The turnover in the group is EUR 21 million and they have 150 employees.