Metso Outotec divests its aluminium business
Metso Outotec Corporation’s press release on December 28, 2020, at 09:30 a.m. EETMetso Outotec has signed an agreement to sell its Aluminium business to REEL International, headquartered in France. The business was announced to be for sale a year ago and has been since reported under discontinued operations. The business to be divested comprises of green anode plants, anode rodshops, and casthouses used in aluminium smelters as well as related equipment and services. Approximately 120 Metso Outotec employees will join REEL upon closing, which is expected to take place during the first