Metso was born in 1999 from the merger of Valmet and Rauma, two companies which manufactured both equipment (notably papermaking machines) and process control systems (measuring instruments, valves, control systems). ordered). The company has decided to review its organization and split into two financially independent entities.
The first will retain the name of Metso as well as the “Automation” (therefore the instrumentation and process control activity) and “Mining and Construction” divisions.
The other company will be called ... Valmet. This takes over the “Pulp and Paper” and “Power / Energy” activities
Everything is ready, the allocation of posts and the distribution of capital have been decided. Both companies will be in working order by the end of the year.
Find out more: https://www.metso.com/