Metso
Metso is a minerals processing and flow control technology and services supplier for the mining, aggregates, and oil and gas industries. The company is also known for its automation solutions for pulp, paper and power generation. Metso’s shares are listed on the NASDAQ OMX Helsinki Ltd. The company employs 16,000 people in 50 countries.
History
Even though Metso Group is still relatively young, its roots date back to the 1750s in Helsinki, where a small shipyard in Suomenlinna operated. In the 1900s the shipyard was transferred as part of Valmet to the ownership of the State of Finland. Tamfelt which was acquired in 2009 was also founded in the 1700s.
1990s
Metso was created on July 1, 1999 through the merger of Valmet, a paper and board machine supplier, and Rauma, which focused on fiber technology, rock crushing and flow control solutions.
In 1998 Rauma’s businesses included:
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