Outotec completes the acquisition of Scanalyse in Australia

OUTOTEC OYJ  PRESS RELEASE   MARCH 19, 2013  at 11:30 AM

Outotec completes the acquisition of Scanalyse in Australia

Outotec has successfully completed the acquisition of an Australian-based Scanalyse Holdings Pty Ltd. Scanalyse is a software technology company that provides services in process equipment condition and performance monitoring. The transaction was announced on February 28, 2013. The acquisition price was not disclosed.

Scanalyse has developed proprietary computer analysis of spatial laser scan data. This analysis is used for process equipment condition and performance monitoring, and it has quickly gained acceptance in the minerals processing industry in Australia and other mining countries. Scanalyse has 36 employees, with sales of some few million euros in 2012. Outotec expects to significantly increase the sales of these products worldwide.

"Scanalyse is an innovative young company specializing in measurement software development. Its condition and performance monitoring technologies and services are a valuable addition to Outotec's life cycle services portfolio. By combining the expertise of Scanalyse and Outotec we can offer new value added services to our common customer base. There are good opportunities to multiply the business volume of grinding mill and crusher monitoring services and to further develop applications for other process equipment, e.g. refractory lined vessels", says Outotec CEO Pertti Korhonen.

For further information please contact:

OUTOTEC
Kalle Härkki, President - Services business area
Tel. +358 20 529 2901

Eila Paatela, Director - Corporate Communications
Tel. +358 20 529 2004, mobile +358 400 817198

Emails: firstname.lastname@outotec.com

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