PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Metso Corporation

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Metso Completed the Divestment of Certain Parts of its Industrial Rubber Conveyor Belt Operations - Metso has completed the divestment of certain parts of its industrial rubber conveyor belt manufacturing and related sales and services operations - Metso.com
Metso Completed the Divestment of Certain Parts of its Industrial Rubber Conveyor Belt Operations

 

NewswireToday - /newswire/ - Helsinki, Finland, 2013/11/01 - Metso has completed the divestment of certain parts of its industrial rubber conveyor belt manufacturing and related sales and services operations - Metso.com. MEO1V.HE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Heavy Machinery/Handling Solutions Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The operations comprise 27 locations with around 330 employees previously belonging to Metso’s Mining and Construction segment. The industrial rubber conveyor belt manufacturing and sales and services locations in Finland were divested to ContiTech Conveyor Belt Group. The industrial rubber conveyor belt sales and services locations in Belgium, Germany, Netherlands, Norway and in Southern Sweden were divested to Lutze Group. The divested sales and services operations serve other customer industries than Metso’s focus areas in mining and construction. The price of the transaction will not be disclosed.

“Metso is a leading technology and services provider to the mining and construction industries and we want to focus on strengthening this position also in the future. At the same time we need to continuously improve the competitiveness of our business and to further develop customer service. The divestment is part of our strategy to develop and simplify our current production capacity in Europe”, says Pasi Jokela, SVP, Process Wears Solutions.

The ContiTech Conveyor Belt Group, a business unit under the ContiTech Division of the automotive supplier Continental AG, is one of the world’s leading suppliers of technical rubber products and is a specialist for plastics technology. The division develops and produces functional parts, components and systems for the automotive industry and other important industries. ContiTech has a workforce of approximately 28,000 employees. In 2012, it achieved sales of about €3.7 billion.

The LUTZE-Group is a family owned business with two industrial sectors. The conveyor business of Lutze Fördertechnik is focused on supplying and servicing its customers mainly with quality conveyor belts and spray coat wear protection. Lutze Kunststofftechnik engineers and manufactures polyurethane parts also for wear protection - in its own plant in Germany. In 2012, net sales amounted to approximately € 25 million with around 160 employees.

Metso’s mining and construction professionals specialize in always bringing the right technology, processes, machinery and services to our customers in the aggregates production, construction, mining and minerals processing and in metal and waste recycling. Expect results.

Metso (metso.com) is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries contribute to sustainability and deliver profitability to customers worldwide. Metso’s shares are listed on the NASDAQ OMX Helsinki Ltd.

For further information, please contact:
Pasi Jokela, SVP, Process Wears Solutions, Mining and Construction, Metso, T: +358 46 876 2255

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Heavy Machinery/Handling Solutions Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Metso Corporation

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Heavy Machinery/Handling Solutions articles,
CATCH Visitors via Your Competitors Announcements!


Metso Completed the Divestment of Certain Parts of its Industrial Rubber Conveyor Belt Operations

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Metso | Rubber Conveyor Belt
Publisher Contact: Press Office - Metso.com 
+358 20 484 100 metso.info[.]metso.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Metso Corporation securities in any jurisdiction including any other companies listed or named in this release.

Heavy Machinery/Handling Solutions via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Metso Corporation / Company Profile


Read Heavy Machinery/Handling Solutions Most Recent Related Newswires:

ANDRITZ to Upgrade Wet Lap Plant for Thai Paper
ANDRITZ Nonwoven Presents Innovations At INDEX™17
ANDRITZ SEPARATION Presents New Product Series of Filter Presses Driven by Compressed Air
ANDRITZ to Supply Production Lines to Nucor Steel Arkansas, USA
ANDRITZ HYDRO to Modernize Dnipro 1 Hydropower Station, Ukraine
ANDRITZ MeWa Successfully Starts Up New QZ 2500 Cross-flow Shredder At UFH RE-cycling
ANDRITZ Announces Successful Start-up of the Needlepunch Line Supplied to AUTOTECH Nonwovens, India
Air Technical Industries Introduces New Mobile Reversible Crane with Triple Section Boom
Voith SafeSet Coupling Protects Test Rig for Wind Power Nacelles
Voith Launches MerQbiz - A Digital Trading Platform for the Paper Industry
Caterpillar to Showcase Innovation on and Beyond the Iron at CONEXPO
ANDRITZ to Supply the 30th Mechanical Pulping System Based on its Proven P-RC APMP Technology
Hempel Grows in North America
ANDRITZ to Convert Paper Machine and Supply A New Stock Preparation Line for Burgo Avezzano, Italy
ANDRITZ Successfully Starts Up the NeXline Wetlace Production Line for Akinal Sentetik Tekstil, Turkey

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  MagLar, Inc.

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)