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Metso Corporation

Companies/Finland  •  Curated by Admin Timeline.sg

Metso Corporation, a Finnish industrial company, was formed in 1990 via the merger of Rauma-Repola and Valmet, becoming a global leader in mining, aggregates, and flow control. Its history includes significant acquisitions, divestitures, and a 2020 split into Metso Outotec and Neles, with subsequent rebranding to Metso in 2023.

Chronological Storyline (32 Milestones)

Jul 1, 1990 CE

Merger of Rauma-Repola and Valmet creates Metso

Rauma-Repola and Valmet merge to form Metso Corporation, focusing on mining, paper, and automation. #corporatemerger #history

Merger of Rauma-Repola and Valmet creates Metso
Merger of Rauma-Repola and Valmet creates Metso
By Antti Leppänen - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=11417842
1991 CE

Metso listed on Helsinki Stock Exchange

Metso shares begin trading on the Helsinki Stock Exchange (now Nasdaq Helsinki), providing public market access. #finance #ipo

1992 CE

Metso acquires Neles and Jamesbury

Metso strengthens its flow control business by acquiring Neles and Jamesbury, becoming a key player in valve technology. #acquisition #engineering

1993 CE

Metso divests its power generation business

Metso sells its power generation operations to focus on core areas: paper, mining, and automation. #divestiture #strategy

1995 CE

Metso acquires Sunds Defibrator

Metso acquires Sunds Defibrator, enhancing its fiber processing technology for the paper industry. #acquisition #papermaking

1997 CE

Metso acquires Beloit Corporation's pulp and paper division

Metso purchases Beloit's fiber processing business, expanding its paper technology capabilities globally. #acquisition #pulpandpaper

1998 CE

Metso acquires Svedala Industri AB

Metso acquires Svedala, a Swedish mining and construction equipment manufacturer, for €1.2 billion. #acquisition #mining

2000 CE

Metso reorganizes into three business areas

Metso restructures into Metso Paper, Metso Minerals, and Metso Automation to sharpen focus. #reorganization #strategy

2001 CE

Metso completes Svedala acquisition

The acquisition of Svedala closes, making Metso a top global supplier to the mining industry. #acquisition #mining

2002 CE

Metso divests Metso Panelboard

Metso sells its panelboard business as part of portfolio optimization. #divestiture #restructuring

Dec 1, 2003 CE

Metso acquires Valmet's paper machine roll business

Metso buys Valmet's roll business to strengthen its paper technology service offerings. #acquisition #papermaking

2004 CE

Metso launches new generation of mining crushers

Metso introduces the Nordberg GP series cone crushers, enhancing efficiency in mineral processing. #innovation #mining

2006 CE

Metso acquires US-based Conveyor Dynamics

Metso expands its bulk materials handling capabilities by acquiring Conveyor Dynamics. #acquisition #mining

2007 CE

Metso's net sales exceed €6 billion

Metso reports record net sales of €6.2 billion, driven by strong mining demand. #financialperformance #revenue

2008 CE

Metso acquires Finnish automation company Neles

Metso buys Neles, enhancing its automation and flow control business. #acquisition #automation

2009 CE

Metso divests Metso Mining Systems to Sandvik

Metso sells its mining systems business to Sandvik for €60 million. #divestiture #mining

2010 CE

Metso acquires Swedish automation company Luftech

Metso expands its automation portfolio with the acquisition of Luftech. #acquisition #automation

2011 CE

Metso introduces the HRC™ high-pressure grinding roll

Metso launches the HRC™ HPGR, a breakthrough in energy-efficient crushing. #innovation #mining

2012 CE

Metso acquires US-based Valley Rubber

Metso strengthens its wear parts business with the acquisition of Valley Rubber. #acquisition #mining

Jun 1, 2013 CE

Metso sells Metso Paper (pulp and paper) to Valmet

Metso divests its pulp, paper, and power businesses to Valmet for €3.2 billion, focusing on mining and automation. #divestiture #papremaking

2014 CE

Metso completes divestiture of Metso Automation to Valmet

Metso sells its automation business to Valmet, completing the exit from pulp and paper. #divestiture #automation

2015 CE

Metso acquires US-based McLanahan Corporation's crusher business

Metso expands its aggregates equipment portfolio with the acquisition of McLanahan's crusher line. #acquisition #aggregates

2016 CE

Metso introduces the Lokotrack® LT200 mobile cone crusher

Metso launches the innovative Lokotrack LT200, enhancing mobile crushing. #innovation #construction

2017 CE

Metso acquires Dutch valve maker Valvitalia's industrial valve business

Metso strengthens its flow control division with the acquisition of Valvitalia. #acquisition #valves

Nov 1, 2018 CE

Metso announces plan to split into two companies

Metso announces its intention to separate into Metso Minerals (mining and aggregates) and Metso Flow Control (valves). #restructuring #spinoff

Jun 28, 2019 CE

Metso completes acquisition of Outotec

Metso merges its minerals business with Outotec to form Metso Outotec, a leading mining and metals processing company. #merger #mining

Jan 1, 2020 CE

Metso split: Metso Outotec and Neles begin operations

Metso officially splits into Metso Outotec (minerals and metals) and Neles (flow control), listed separately on Nasdaq Helsinki. #spinoff #corporaterestructuring

2021 CE

Metso Outotec acquires US-based Megatux

Metso Outotec expands its grinding mill liner business with Megatux acquisition. #acquisition #mining

2022 CE

Metso Outotec launches the Planet Positive sustainability portfolio

Metso Outotec introduces a range of sustainable technologies for mining and metals. #sustainability #innovation

May 16, 2023 CE

Metso Outotec rebrands to Metso

Metso Outotec changes its name back to Metso, unifying its brand identity after the split. #rebranding #corporatename

2024 CE

Metso acquires Finnish automation company Specorp

Metso strengthens its automation capabilities with the acquisition of Specorp. #acquisition #automation

2025 CE

Metso reports record order intake of €5.5 billion

Metso achieves its highest ever order intake, driven by mining sector demand. #financialperformance #orders