03
Jan
15:06
Metso Outotec agrees recycling business divestment
Metso Outotec has signed an agreement to divest its Metal Recycling business line to an affiliate of Mimir, an investment company based in Stockholm. The closing of the transaction, whose value is undisclosed, is expected to take place during the first half of 2022.
Metso Outotec announced in October 2020 that it intends to divest its recycling businesses, as it has limited synergies with the core of the new Metso Outotec. The unit sells products and services for …
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