China/Finland: Metso Corporation has announced that it will complete its takeover of Shaorui Heavy Industries with the exercise of its call option over 25% of shares. Markku Simula, President of the Aggregates Equipment division of Metso, has expressed the company’s high expectations of Shaorui, one of China’s ‘leading mid-market crushing and screening equipment producers.’ The purchase will be completed in late 2019.
Metso exercises its acquisition option to take over Shaorui Heavy Industries
URL: https://globalcement.com/news/item/9864-metso-exercises-its-acquisition-option-to-take-over-shaorui-heavy-industries
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