Outotec completes divestment of certain sludge incineration technologies

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OUTOTEC OYJ  PRESS RELEASE MAY 28, 2020 AT 4:00 PM

Outotec completes divestment of certain sludge incineration technologies

Following the announcement on December 10, 2019 to divest three businesses, Outotec has concluded an agreement to sell certain municipal and industrial sludge incineration plant technologies to Küttner Martin Technology GMBH, based in Germany.

The transaction entails technology and references. The parties have agreed not to disclose the value of the transaction.

Further information:

OUTOTEC

Kalle Härkki, President - Metals Refining business unit
tel.
+358 20 529 2901

Jari Ålgars, CFO
Tel. +358 20 529 2007

e-mails firstname.lastname@outotec.com

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Outotec develops leading technologies and services for the sustainable use of Earth’s natural resources. Our 4,000 top experts are driven by each customer’s unique challenges across the world. Outotec's comprehensive offering creates the best value for our customers in the mining, metal, and chemical industries. Outotec shares are listed on NASDAQ Helsinki. www.outotec.com

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