Metso’s acquisition of McCloskey completed
METSO CORP ADS (MXCYY)
NASDAQ:AMEX Investor Relations:
metso.com/company/investors
Company Research
Source: GlobeNewswire
Metso’s acquisition of McCloskey completed Metso Corporation’s stock exchange release on October 2, 2019 at 01:10 a.m. EEST Metso’s acquisition of McCloskey International, a Canadian mobile crushing and screening equipment manufacturer, has been successfully completed. With this acquisition, Metso expands its offering in the aggregates industry globally and strengthens its customer reach especially to the general contractor segment. The acquisition was completed on October 1, 2019. “This acquisition is an excellent strategic fit for Metso, because it strengthens our aggregates business and balances our traditionally mining-focused Minerals portfolio. With McCloskey as part of Metso, we are also able to better take part in the attractive, long-term growth of the mobile equipment market within the aggregates industry,” says Pekka Vauramo, Metso’s President and CEO. “This acquisition expands our offering to new customer segments and application areas. McCloskey’s capabilities and tec
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