Ahlström Capital to acquire the waste recycling business of Metso Outotec.

Ahlström Capital, a family-owned investment company, agreed to acquire the waste recycling business of Metso Outotec, a Finnish publicly traded company. Financial terms were not disclosed. "The Waste Recycling business, M&J, has a proven track record with a strong growth profile, in an attractive market. The business is well positioned to help drive sustainable development with its premium brand offering, robust operations and skilled personnel. I believe that Ahlström Capital as an owner will bring further focus on and resources for growth initiatives and support the standalone business to reach its full potential," Lasse Heinonen, Ahlström Capital President and CEO.