Metso strengthens its position in Australian mining services
Published by Harleigh Hobbs,
Editor
Global Mining Review,
Metso recently closed the acquisition of an Australia-based wear lining solutions provider WEARX.
The company's sales in the fiscal year 2017 that ended on June 30 were AUS$35 million (€23 million) and it has approximately 140 employees. WEARX’s headquarters is in Newcastle, with operations also in Ballina, Orange and Perth.
"The acquisition is a good strategic fit for Metso, supporting our profitable growth strategy," said Nico Delvaux, President and CEO of Metso.
"Joining forces with WEARX gives us the opportunity to strengthen our position in the wear lining business and extends our offering for our Australian customers. We are very happy to welcome the WEARX team into Metso," he continued.
Read the article online at: https://www.globalminingreview.com/handling-processing/01112017/metso-strengthens-its-position-in-australian-mining-services/
You might also like
Closing the loop in remote mining on-site food waste valorisation
Martin Rohleder, Area Director S. Europe, LATAM & MEA, CIRC B.V., highlights how one of the most persistent challenges facing remote mining sites is also one of the most solvable.