Aug 22, 2013. /Lesprom Network/. Metso has acquired the Indian engineering company EPT Engineering Services Private Limited. The acquisition follows Metso’s strategy and strengthens the company’s position in the growing Asian market. The value of the transaction will not be disclosed, as the company said in the press release received by Lesprom Network.

“The acquisition of EPT follows our strategy to improve our cost-competitiveness and to serve our customers better, both locally and globally. This acquisition gives also Metso a 100% ownership of the joint venture, Metso Power India Private Limited, where EPT has been a minority owner,” says Olli Karavirta, Vice President, Operations, Metso’s Power business line.

EPT Engineering Services is a privately owned company providing design, detail engineering and value added services such as conceptual design and 3D modeling to the power, pulp and paper, oil, gas and petrochemical industries. The company has 90 employees.

Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas.