Metso acquires Tedd Engineering in the UK to strengthen its aggregates digital and automation capabilities
Metso Corporation’s press release on October 2, 2023, at 2:00 p.m. EESTMetso has signed an agreement to acquire Tedd Engineering, a privately owned company specialized in automation, control systems, and electrical solutions for mobile equipment and aftermarket, primarily focusing on the aggregates business. Tedd Engineering employs approximately 70 employees and it’s based in Chesterfield, UK. Its sales in the financial year that ended in June 2023 were approximately GBP 15 million. “We are very happy to welcome Tedd Engineering to Metso. The acquisition clearly strengthens our