Metso to divide its Minerals Services into two business areas

By MEq August 18, 2017 18:11

Metso will change its business area organization in the Minerals segment. The current Minerals Services business area will be divided into two separate business areas: Minerals Services and Minerals Consumables. Both new business areas will work in close co-operation with the Minerals Capital business to offer optimal end-to-end solutions for their customers. The heads of the business areas will report to Metso’s President and CEO and they will be members of Metso’s Executive Team.

The Minerals Services business area will consist of spare parts and service solutions as well as supporting distribution and repair center infrastructures. The Minerals Consumables business area will consist of wear part businesses together with the foundries and other manufacturing operations as well as supply chain infrastructure.

“The new structure will allow a natural split of the services businesses and a clearer focus to drive further growth for services in close co-operation with the minerals equipment businesses,” says Nico Delvaux, President and CEO of Metso.
The new organizational structure will become effective at the beginning of 2018. Metso is a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries. Its products range from mining and aggregates processing equipment and systems to industrial valves and controls.