Metso Outotec closes the divestment of its Waste Recycling business

Metso Outotec has today successfully completed the divestment of its Waste Recycling business to Ahlström Capital. The Waste Recycling business continues its operations under M&J Recycling, and its headquarters is in Horsens, Denmark.

Uffe Hansen, previously a member of Metso Outotec’s Executive team (MOET) will as earlier announced continue heading the Waste Recycling business and his employment at Metso Outotec and as member of MOET will end.

The divestment was announced on July 16, 2021.

Further information

Helena Marjaranta, Vice President, Communications and Brand, Metso Outotec, tel. +358 20 484 3212, email: helena.marjaranta(at)mogroup.com

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By improving our customers’ energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change.  

Metso Outotec is committed to limiting global warming to 1.5°C with Science Based Targets. We ranked 8th on the 2021 Global 100 list of the world’s most sustainable companies.

Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its sales for 2020 were about EUR 3.9 billion. The company is listed on the Nasdaq Helsinki. mogroup.com, www.metso.com/twitter/