Metso has signed an agreement to acquire peristaltic hose pump and progressive cavity pump technologies, as well as related aftermarket spare parts and service offering capabilities from Valmet, a global technology leader in serving process industries.
The acquisition strengthens Metso’s capabilities with advanced pumping solutions for demanding process conditions in mining and industrial applications.
The added hose pump technologies are particularly well suited for transferring and dosing of abrasive, corrosive, viscous and crystallising slurries in heavy mining applications where continuous flow, reliable performance, efficiency, ease of maintenance and long wear life are critical.
With this acquisition, Metso enhances its ability to deliver comprehensive slurry handling and pumping solutions across the full mining flowsheet.
The acquisition is expected to close on October 1. The parties have agreed not to disclose the transaction value.
“We are excited to welcome the new offerings as well as the team and their expertise to Metso.
“This acquisition strengthens our ability to deliver end-to-end slurry handling solutions, with stronger and complementing offering in demanding heavy-duty applications. In addition, it enhances our aftermarket and service capabilities as a long-term full lifecycle partner in key mining markets globally,” said Tiago Marques Oliveira, vice-president, pumps business line, Metso.
The acquired products will be integrated into Metso’s pumps portfolio and rebranded under the Metso name.
Production will be transferred to Metso’s manufacturing facilities in Lappeenranta, Finland, with related personnel transferring to the same site.
Metso offers complete slurry handling solutions, including equipment, spare parts, optimisation and maintenance services. Its portfolio covers slurry pumps, pipes, hoses, valves and hydrocyclones, supported by a global manufacturing and service network close to key mining markets.
