Business News
Metso completes the acquisition of M&J Industries A/S
Friday 16. October 2009 - Metso has completed the acquisition of Danish M&J Industries A/S, a manufacturing company of mobile and stationary products for solid-waste crushing, from Dansk Kapitalanlæg. The ownership of the company was transferred to Metso on October 7, 2009.
The acquired company will be integrated into Metsos Recycling business line, and the legal name of the entity will be Metso Denmark. The net debt free value of the transaction is about EUR 16 million.
M&J Industries have approximately 100 employees who will be transferred to Metso. Its forecasted net sales in 2009 are approximately EUR 26 million.