INDUSTRY INTELLIGENCE
Metso has signed an agreement to acquire McCloskey International.
Metso to acquire McCloskey International
Specialists of crushing, screening and
materials handling equipment, Metso,
has signed an agreement to acquire
McCloskey International.
“This acquisition augers well for both
companies, which share a commitment
to helping customers improve their
operational efficiency, reduce risks
and increase profitability,” says Pekka
Vauramo, Metso’s president and CEO.
According to Markku Simula, president
www.equipmentandhire.co.za
of the aggregates equipment business
area in Metso, “This agreement will
strengthen Metso’s aggregates business
in key growth areas globally and will
extend the customer reach, especially to
general contractor businesses.
“Customers in aggregates and
construction have varying business
needs. This acquisition supports our
expansion plans to approach customers
through multiple complementary
channels and offerings to meet their
diverse needs,” he adds. “Going forward,
Metso plans to continue developing
the McCloskey brand and distribution
channels, independent of the Metso
channel.
HPE Africa is the exclusive distributors
for McCloskey International in Southern
Africa and supplies and supports the
full range of McCloskey crushing and
screening plants.
JANUARY/FEBRUARY 2020
5