Metso

This article is about the defunct Finnish corporation. For the company founded in 2020, see Metso (2020–present). For the library in Tampere called 'Metso', see Tampere Central Library. For the surname, see Metso (surname).

Metso Corporation
Native name
Metso Oyj
Company typeJulkinen osakeyhtiö
Nasdaq Helsinki: METSO
IndustryIndustrial machinery
PredecessorValmet, Rauma Oy
Founded1999 (1999)
Defunct1 July 2020 (2020-07-01)
Headquarters
Helsinki
,
Finland
Key people
Mikael Lilius (Chairman), Pekka Vauramo (President and CEO)
ProductsIndustrial company serving the mining, construction, recycling, oil and gas, pulp, paper and process industries
RevenueIncrease €3.6 billion (2019)[1]
Increase €418 million (2019)[1]
Number of employees
15,000 (end 2019)
Websitewww.metso.com

Metso Corporation[2] (natively Metso Oyj) was a Finnish industrial machinery company focusing on providing technology and services for mining, aggregates, and oil and gas, recycling, pulp and paper and other process industries.

On 30 June 2020, Metso's partial demerger and combination of Metso Minerals business unit and Outotec took place.[3][4] Two new companies started operations on 1 July 2020: Neles and Metso Outotec.[5]

  1. ^ a b "Financial Statement 2019" (PDF). Metso. Retrieved 6 February 2020.
  2. ^ "Metso Corporation and Outotec Oyj will complete the combination of Outotec and Metso's Minerals business". Valmet. 2020. Retrieved 16 October 2023.
  3. ^ "Metso Corporation's partial demerger has been registered – Metso Corporation and Outotec Oyj have completed the combination of Metso's Minerals business and Outotec". Metso Outotec. Retrieved 8 July 2020.
  4. ^ "Metso Corporation's partial demerger has been registered". Neles.com. Retrieved 8 July 2020.
  5. ^ "Valmet completes 14.9% ownership acquisition of Neles". www.valmet.com. Retrieved 20 July 2022.