A reorganisation at Metso will lead to two separate business areas – Minerals Services and Minerals Consumables, with the heads of the business areas reporting to Metso’s new president and CEO, Nico Delvaux.
Finnish-based Metso said that both new business areas would work in close co-operation with the Minerals Capital business “to offer optimal end-to-end solutions for their customers”.
The heads of the business areas will also be members of Metso’s executive team.
The Minerals Services business area will consist of spare parts and service solutions, as well as supporting distribution and repair centres.
The Minerals Consumables business area will consist of wear part businesses together with the foundries and other manufacturing operations, as well as supply chain infrastructure.
Delvaux, who joined Metso earlier this year, said, “The new structure will allow a natural split of the services businesses and a clearer focus to drive further growth for services in close co-operation with the minerals equipment businesses.”
The new organisational structure will become effective at the beginning of 2018, and Metso said that the presidents of the new business areas would be appointed in the near future.