Metso Corporation Press release on May 30, 2008 at 1:30 p.m.
Metso has acquired today a Danish manufacturer of measurement
systems, Kemotron A/S from K. Jested-Nielsen and J.J. Lorentzen, the
founders of the company. The value of the purchase agreement is not
disclosed. The acquired company will be integrated into Metso
Automation's Process Automation business line.
The acquisition strengthens Metso Automation's position as a supplier
of measurement based control solutions especially in the chemical
pulping industry. It also expands Metso Automation's solutions
offering in new customer segments, such as chemical industry. Metso's
global presence offers an extensive sales and service channel for the
acquired technology.
Kemotron produces and sells measurement equipment and systems mainly
for the pulp and paper industry. Its measurement technology is also
widely used in process, energy and chemical industry. The company was
established in 1963 and it is headquartered in Lyngby, a suburb to
Copenhagen. The total number of employees is 14.
Metso is a global engineering and technology corporation with 2007
net sales of over EUR 6 billion. Its over 27,000 employees in
approximately 50 countries serve customers in the pulp and paper
industry, rock and minerals processing, the energy industry and
selected other industries.
www.metso.com
Further information for the press, please contact:
Sakari Ruotsalainen, President, Process Automation Systems, Metso
Automation, tel. +358 40 511 6165
Pekka Vänni, Director, Business Development, Process Automation
Systems, Metso Automation, tel. +358 40 552 8374
