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Metso to acquire hose and progressive cavity pump technologies from Valmet

Metso logoMetso
Sig2.25Sen+3.40Env0.00Soc0.00Gov0.00

Metso signed an agreement to acquire peristaltic hose pump and progressive cavity pump technologies from Valmet to strengthen its pumps offering for demanding mining and industrial conditions. The acquired business has a growing installed base that supports stable aftermarket spare parts and service revenues. Metso will integrate and rebrand the products under its portfolio, with transaction value not disclosed and no material impact on financial performance stated.

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