Metso Outotec completes divestment of Outotec Turula

Metso Outotec Corporation’s press release on October 1, 2021, at 2:00 p.m. EEST

Metso Outotec has completed the divestment of Outotec Turula Oy to UAB Arginta Engineering, headquartered in Lithuania. The divestment to Arginta Engineering was announced on September 7, 2021. 

The divested business manufactures equipment and components used in the minerals processing and metals refining industries. Metso Outotec has signed a long-term manufacturing service agreement with the new owner.

Further information, please contact:  

Jari Ålgars, President, Metals business area, Metso Outotec, tel. +358 20 529 2007, email: jari.algars(at)mogroup.com 

Helena Marjaranta, Vice President, Communications and Brand, Metso Outotec, tel. +358 20 484 3212, email: helena.marjaranta(at)mogroup.com

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By improving our customers’ energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change.  

Metso Outotec is committed to limiting global warming to 1.5°C with Science Based Targets. We ranked 8th on the 2021 Global 100 list of the world’s most sustainable companies.

Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its sales for 2020 were about EUR 3.9 billion. The company is listed on the Nasdaq Helsinki. mogroup.com, twitter.com/metsooutotec