Metso Outotec to divest its Waste Recycling business
Metso Outotec Corporation’s press release on July 16, 2021, at 11:00 a.m. EESTMetso Outotec has signed an agreement to divest its Waste Recycling business line to Ahlström Capital, a family-owned investment company. Metso Outotec announced in October 2020 its decision to divest its Recycling business which comprises of the waste recycling and metal recycling business lines based on the company’s strategic focus on the aggregates and mining industries. The closing of the transaction is expected to take place during the fourth quarter of 2021.The parties have decided not to disclose the