Apr 02, 2015. /Lesprom Network/.
Metso has taken a significant step in implementing its strategy by
completing the divestment of its Process Automation Systems (PAS) business to
Valmet. The enterprise value of the transaction was Euro 340 million, and Metso
expects to book a significant capital gain in its 2Q results, as the company
said in the press release received by Lesprom Network.
The divestment of PAS is part of Metso's strategy under which it will
focus on the mining and aggregates industries and on the flow control business.
Metso is the world's leading industrial company in the mining and
aggregates industries and in the flow control business.
