Metso grows in Nordic region

By Thomas Allen09 April 2018

Metso logo

Finnish aggregates equipment manufacturer Metso has agreed to acquire Swedish aggregate machinery provider PJ Jonsson och Söner, which specialises in mobile crushing and screening equipment.

The value of the transaction has not been disclosed, but PJ Jonsson och Söner’s sales in 2017 reached SEK342 million (€33 million).

With this acquisition, Metso said it aimed to strengthen the breadth and availability of its product and service offering for the aggregates industry in the Nordic region.

The acquisition is expected to close in the third quarter of 2018, but it is subject to customary closing conditions, including clearance from the Swedish Competition Authority

Markku Simula, president of Metso’s aggregates equipment business area, said, “This acquisition is a good strategic fit for Metso, supporting our profitable growth strategy. Joining forces with PJ Jonsson och Söner gives us the opportunity to serve our Nordic customers with complementary offerings.”

Latest News
Crosby supports Rigging for the Troops program
The Crosby Group will donate a portion of its U.S. sales to the Children of Fallen Patriots Foundation
Webinar to explore trends in Spain’s rental sector
Jointly organised by ASEAMAC and SMOPYC, webinar will explore key rental trends in Spain
Coates CEO Murray Vitlich on ‘the evolution of hire’
Read IRN’s exclusive interview with CEO of Coates, Australia’s largest rental company