Metso acquires WEARX to strengthen its position in mining services in Australia

 

Metso has closed the acquisition of an Australia-based wear lining solutions provider WEARX. The company's sales in the fiscal year 2017 that ended on June 30 were 23 million € and it has approx. 140 employees. WEARX has their headquarters in Newcastle, with operations also in Ballina, Orange and Perth. "The acquisition is a good strategic fit for Metso, supporting our profitable growth strategy," says Nico Delvaux, President and CEO of Metso. "Joining forces with WEARX gives us the opportunity to strengthen our position in the wear lining business and extends our offering for our Australian customers. We are very happy to welcome the WEARX team into Metso," he continues.
 
www.wearx.com
www.metso.com

Related articles:

Metso completes the acquisition of the Chinese steel foundry

Metso has completed the acquisition of the steel foundry in Quzhou City, Zheijang Province some 400 km Southwest of Shanghai. The target of the acquisition is to improve Metso's capabilities to supply...

more

27.02.2013 / Manganese steel foundry in China

Metso is continuing to strengthen its presence in China by acquiring a manganese steel foundry (JX) in Quzhou City, Zheijang Province some 400 km Southwest of Shanghai. The acquisition of JX will...

more
03/2014

Acquisition completed

Metso has completed the acquisition of the Spanish grinding media supplier Santa Ana de Bolueta SA (Sabo). The acquisition will complement Metso‘s current comminution wear parts offering for mining...

more

Added capability

Metso has acquired from the US-based company Rexnord Industries, LLC certain intellectual property rights related to Rexnord's Falk Mill Products business. The acquisition allows Metso to provide...

more

Metso keeps trucks moving

Boliden's Aitik mine in Northern Sweden has signed a three-year contract with Metso to deliver Trellex truck bed linings for a total of 15 haul trucks in their existing fleet of 30 trucks. Truck bed...

more