Metso Outotec Closes Divestment of Metal Recycling Business

Thu June 02, 2022
Metso Outotec

Metso Outotec has successfully completed the divestment of its metal recycling business line to Mimir, an investment company based in Stockholm, Sweden.

The sold metal recycling business includes the brands Lindemann and Texas Shredder. The business will operate globally under the Lindemann brand, and will be headquartered in Düsseldorf, Germany. Its approximately 160 employees have transferred to the new company.

The divestment was announced on Dec. 31, 2021.

For more information, visit mogroup.com.

Metso Launches Renewed Metso Plus Concept Focused On Customer Benefits →

Sustainability is at the core of Metso's strategy. In 2021, Metso launched its Planet Positive approach as a concrete answer to tackling the sustainability challenges of its customer industries.

Titan America Acquires D.M. Conner Sand & Gravel Company →

Titan America, a heavy building materials producer in the eastern United States, announced it has acquired D.M.

Metso's New Organization, Leadership Team →

Metso is changing its organizational structure and leadership team to accelerate business growth and improve operational efficiency.

Sami Takaluoma Appointed President, CEO of Metso Corporation →

Metso's board of directors has appointed Sami Takaluoma as Metso's new president and CEO. He will assume his duties on Nov.

Chadwick-BaRoss, Thompson Equipment Announce Jeremy Jordan as President →

Chadwick-BaRoss Inc. and Thompsonrolec Enterprises LLC (Thompson Equipment), leading equipment dealers in New England, announced the appointment of Jeremy Jordan as president of both companies, effective July 7th.

Metso Acquires Long-Term Partner Swiss Tower Mill Minerals →

Metso is investing in the development of energy-saving comminution technology and has signed an agreement to acquire the outstanding shares of its long-term partner Swiss Tower Mills Minerals AG (STM).

VIDEO: Terex Campsie Celebrates 5-Year Anniversary →

Terex Campsie, the manufacturing center for leading Terex brands including Terex Ecotec, Green-Tec, and ProStack, celebrated its 5th anniversary since opening in 2019.

Metso Strengthening its Position in Aggregates Segment, Acquiring Two Businesses →

Metso has signed an agreement to acquire Diamond Z and Screen Machine Industries from Crane Group, an Ohio-based family-owned investment company.

Lippmann Welcomes Dillon Borchardt as New Territory Sales Manager →

Lippmann announced the addition of Dillon Borchardt as its new territory sales manager. In this role, Borchardt will manage relationships with dealers, provide support to customers and contribute to the company's sales efforts across the United States, Mexico and Canada.

Powerscreen New England Expands Portfolio, to Represent CBI, Terex Ecotec Equipment Lines →

Powerscreen New England announced it will be offering Continental Biomass Industries (CBI) and Terex Ecotec, reinforcing its commitment to meet the escalating demand for environmental equipment across the northeastern United States.