Metso Outotec to grow further in the mobile crusher markets by acquiring Tesab Engineering Ltd
Metso Outotec Corporation’s press release on April 11, 2022 at 15.00 EESTMetso Outotec has signed an agreement to acquire Tesab Engineering Ltd, a Northern Ireland based company offering mobile crushing equipment for aggregates applications, including quarrying, recycling, asphalt and concrete. Their turnover in 2021 was approx. EUR 30 million and they have more than 60 employees primarily in Europe. The value of the deal is not disclosed. It will have no material impact on Metso Outotec’s financials. Closing is expected to take place during the second quarter of 2022. With the