Mimir to acquire the metal recycling business of Metso Outotec.

Mimir, an investment company, agreed to acquire the metal recycling business of Metso Outotec, a mining company. Financial terms were not disclosed. ”We warmly welcome Metso Outotec Metal Recycling to Mimir and look forward to driving growth for this attractive business together with its employees. Metso Outotec Metal Recycling is a typical Mimir investment, being carved-out from a large corporation with leading technology and engineering expertise that positions it among the premium brands in its markets,” Joakim Notö, Mimir Chairman and Managing Partner.