Outotec to sell its fabrication and manufacturing businesses in South Africa and Mozambique
OUTOTEC OYJ PRESS RELEASE MAY 10, 2019 at 9:00 AM Outotec to sell its fabrication and manufacturing businesses in South Africa and Mozambique Outotec has sold its fabrication and manufacturing businesses in South Africa and Mozambique to SPS Holdings Company. The transaction will become effective as of June 1, 2019. The parties have agreed not to disclose the acquisition price. The South African facility in Brits serves primarily ferrochrome plants and the Mozambique facility provides services and spare parts for the aluminum industry. The combined annual sales has been