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Metso acquire Swiss Holzmag technology rights

June 13, 2011 Metso and Holzmag have signed a contract according to which Metso will acquire the technology of Swiss Holzmag. The value of the transaction is not disclosed. This acquisition of technology rights strengthens Metso's position as a technology and service provider for the mechanical treatment of solid waste. 

The acquisition enables Metso to provide fine shredding equipment for a wide range of solid waste types such as municipal and industrial solid waste, biomass, plastics, textiles, glass, aluminum and non-ferrous metals, wood. Fine shredding is the next step after pre-shredding and sorting of waste into homogenous waste streams, and is a key technology for preparing the waste going into recycling and fuel for energy of various kinds. The acquisition also enables Metso to expand into new customer areas, such as recycling of industrial refuse/waste and preparation of refuse derived fuel for combustion or gasification. Further, the acquisition will cover equipment within briquetting and pelletizing. This adds to Metso's technology offering for producing high energy value bio products, which currently include for example bio oil and bio gas production technologies. /KB

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