NEWS

(08/05/2014 / sha)

Metso: Sale of Process Automation Business under consideration

Metso Corporation has decided on a new strategy and a new operating model, designed to drive growth in the company's core businesses and strengthen its financial performance and value creation.

 
 

Under the new strategy, Metso's core customer industries will be mining, oil & gas, and aggregates. As part of its new strategy, the company will study strategic alternatives, including potential divestment, forits current Process Automation Systems business, which primarily serves the pulp, paper, and power industries.