Metso invests in China to strengthen its screen offering for mining and aggregate industries
Metso Corporation’s press release on February 10, 2025, at 09:00 a.m. EET
Metso is investing in the expansion of its screening solutions in China. The initial investment includes an agreement to acquire screening business, operations and key assets of Selm (Beijing) Technology Co., Ltd., a privately owned company. By combining the new offering with Metso's expertise in screening equipment, media, repairs and services, Metso can strengthen its services to better support mining and aggregates customers in China.
“The acquisition is a significant step in advancing our regional strategy in screening of being closer to our customers, fostering a market-focused approach. We are excited to enhance our role in China as a leading provider of screening solutions for large projects like super quarries. We warmly welcome new colleagues to contribute to our growth targets and improved customer service,” says Jouni Mähönen, Vice President, Screening, Metso.
”Selm is a respected company with its products and services well recognized by the customers in both mining and aggregates industries. The acquisition will further enrich Metso’s product portfolio and strengthen our competitiveness and market position. This move will enable us to provide comprehensive screening solutions in China, where Metso has a strong customer base and service capability in both the mining and aggregates industries,” says Xiaofeng Liang, President of Great China market area, Metso.
The acquisition is subject to conditions precedent and expected to close during the second quarter of 2025. The parties have agreed not to disclose the transaction value, which has no material impact on Metso’s financials.
Selm (Beijing) Technology Co., Ltd is a Chinese manufacturer of mining and aggregate screens and technologies including micro-sizing screening solutions. The company has around 180 employees and its operations are in Shenyang, Northeast China.
Huifeng Tang, founder of Selm says: “We have been developing our screening business over the past years, building expertise and strong reputation among customers. Moving forward, the screen offering will bring benefits for customers as part of Metso and our employees will get a valued new employer.”
Metso's screening solutions for aggregates and mining customers consists of banana screens, horizontal screens, inclined screens, mobile screens, portable screens, ultrafine screens as well as screening media, and capital screen related parts, repairs and services.
Further information:
Jouni Mähönen, Vice President, Screening, Metso, tel. +358 20 484 142, email: jouni.mahonen(at)metso.com
Helena Marjaranta, Vice President, Communications and Brand, Metso Corporation, tel. +358 20 484 3212, email: helena.marjaranta(at)metso.com
Metso is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. We improve our customers’ energy and water efficiency, increase their productivity, and reduce environmental risks with our product and service expertise. We are the partner for positive change.
Headquartered in Espoo, Finland, Metso employs over 17,000 people in close to 50 countries and sales for 2023 were about EUR 5.4 billion. The company is listed on the Nasdaq Helsinki. metso.com, x.com/metsoofficial