Metso completes the acquisition of the Chinese steel foundry
Metso has completed the acquisition of the steel foundry in Quzhou City, Zheijang Province some 400 km Southwest of Shanghai. The target of the acquisition is to improve Metso's capabilities to supply wear parts to our mining and construction industry customers in China and other markets in Asia- Pacific.
"I am really pleased that we were able to close this important acquisition this fast. It gives us good starting point to develop the Quzhou foundry as part of Metso. We already have the most extensive services center and distribution network in our industry. With this acquisition we will...
