Joint sales and service activities restructured

The Endress+Hauser Group and Metso Automation Inc. are to restructure their sales and service activities in Switzerland and Finland with effect from 1 July 2015. Both groups of companies will demerge their mutual minority shareholdings in the respective entities and establish their own dedicated sales and service organizations to serve their customers. Both sides have agreed to continue to cooperate closely with the aim of making the transfer of activities as easy and smooth as possible for their customers.

In Switzerland the minority shareholding of Metso Automation Inc. in Endress+Hauser Metso AG will be transferred to Endress+Hauser by 1 July 2015. The sales and service company will be renamed Endress+Hauser (Schweiz) AG and focus solely on Endress+Hauser’s offering for the process industry. Metso will continue to serve the Swiss market with its valve and pump offering. Endress+Hauser’s sales and service activities in Finland will move into a new company with the name Endress+Hauser (Finland) Oy by 1 July 2015. This company will act as Endress+Hauser’s sole representation in the country. Metso will focus on sales and service of Metso’s flow control solutions to oil & gas, pulp & paper, mining and other process industries. The minority ownership of Endress+Hauser (International) Holding AG in the current Metso Endress+Hauser Oy will be transferred to Metso.

Based on its new strategy, communicated in 2014, Metso will continue its transformation to a more focused industrial company with three business areas – Minerals, Aggregates and Flow Control – serving customers in the mining, aggregates and oil & gas industries. Moreover, Metso will serve the pulp & paper, power and other process industries with its flow control solutions and services.

www.endress.com

x

Related articles:

Issue 2016-07-08

Endress+Hauser completes takeover of Analytik Jena

Swiss measurement and automation engineering specialist Endress+Hauser has completed the takeover of German analytical instrumentation provider Analytik Jena (Fig.). The remaining minority shares of...

more
Issue 2013-01-02

Endress+Hauser strengthen their position in Indonesia

About two decades after their entry into the market, Endress+Hauser have become established in Indonesia as a supplier of high-quality measuring equipment and automation solutions. In order to further...

more
Issue 2013-12

Endress+Hauser opens plant in Brazil

The Endress+Hauser Group has strengthened its position in the South American market. The Swiss specialist for measurement engineering has invested over 8 million € in a new production facility for...

more
Issue 2020-04-05

Endress+Hauser Digital Solutions celebrates 20 years of innovation

For two decades, Endress+Hauser has given the topic of digitalization a place it can call home. Endress+Hauser Digital Solutions is responsible within the Group for everything related to digital...

more
Issue 2013-05

Change at Endress+Hauser

Changes are on the horizon at the top of the Endress+Hauser Group (Fig.). With effect from 1 January 2014, Klaus Endress, who has led the Group since 1995, will take his seat in the Supervisory Board....

more