Announced

Metso to acquire the remaining 85% stake in Swiss Tower Mills Minerals.

Synopsis

Metso, a company specialised in solutions in the aggregates, mining, and metals businesses, agreed to acquire the remaining 85% stake in Swiss Tower Mills Minerals, a mid-size Swiss engineering company. Financial terms were not disclosed. “We are excited to have the Swiss Tower Mills Minerals team as part of Metso. For many years, we have collaborated in serving customers in the mining industry. Going forward, our customers will continue to benefit from an unrivaled comminution solutions offering, which we will develop further,” Markku Teräsvasara, Metso President, Minerals business area and Deputy CEO.

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