7/4 · Finland’s Minerals and Outotec are merging to create a €4.2 billion-a-year comminution and mineral processing company and one of the world’s biggest public-listed pure-play mining

5/14 · The European Commission has approved the proposed combination of ’s minerals business and Outotec, with the merger on track for completion in June. The two companies plan to combine ’s minerals business with Outotec, a move that has received unconditional clearances from competition authorities in Canada, Chile and Turkey.

3/7 · has officially merged its minerals business with Outotec to form a new company with aims to become an industry leader across the minerals, aggregates, metals refining and recycling industries. The newly-formed Outotec will fuse and enhance the two companies’ offerings, covering sustainable technology, solutions and services for minerals

Finnish engineering groups MEO1V.HE> and Outotec said on Thursday the merger of their main mining equipment businesses was on track for a mid-year close, despite a hit to

5/14 · Outotec and expect the completion of the merger on 30 June this year, subject to approval by other required regulatory authorities, including clearances from certain competitors. Upon completion of the merger, the new company will have 15,600 employees, and an illustrative combined sales and adjusted EBITA of €3.9bn ($4.21bn).

7/1 · July 1, . Finland-based equipment maker Corp.’s board of directors and Finland-based Outotec Oyj have announced that the combination of ’s Minerals business

7/1 · July 1, . Finland-based equipment maker Corp.’s board of directors and Finland-based Outotec Oyj have announced that the combination of ’s Minerals business and Outotec is completed. Outotec is a designer and builder of minerals processing and metals refining systems. The companies announced a demerger plan and combination

7/1 · Posted by Daniel Gleeson on 1st July . The first public showing from executives of the new Outotec has highlighted just how big the new group will be within the mineral processing ecosystem. Circa-15,000 employees, some 5,000 service representatives, around €4.2 billion ($4.7 billion) of sales in the stats are impressive.

7/2 · Finalised on July 1, the merger brings together the two Finnish companies, which have €4.186 billion ($6.8 billion) in combined sales for , with that number now expected to grow

The merger covers six business areas including minerals, aggregates, metals recycling, services and consumables. Outotec will also provide a full offering "from ore to metal" for minerals processing, which involves equipment and full plant solutions.

and Outotec says the two companies also have received unconditional clearances also from the competition authorities of "a number of other jurisdictions, including Canada, Chile and Turkey." and Outotec say they expect the merger to be completed on June 30, , "subject to the receipt of all required regulatory and other

Outotec is your partner for positive change in North America. From ore to metal, our new combined offering includes industry-leading technology and comprehensive aftermarket

Outotec completes merger clearance process in India. Outotec Corporation's press release on May 11, , at 09:00 a.m. EEST. The combination of Minerals and Outotec was conditionally approved by the Competition Commission of India (CCI) in June , subject to the transfer of legacy 's straight grate iron ore

7/1 · July 1, . Finland-based equipment maker Corp.’s board of directors and Finland-based Outotec Oyj have announced that the combination of ’s Minerals business

The first public showing from executives of the new Outotec has highlighted just how big the new group will be within the mineral processing ecosystem. Circa-15,000 employees, some 5,000 service representatives, around €4.2 billion ($4.7 billion) of sales in the stats are impressive. The minerals sector dominates within this

Upon completion of the agreed demerger, shareholders will receive 4.3 newly-issued shares in Outotec for each share owned in on the record date. This implies shareholders would own around 78% of the shares and votes of Outotec, and Outotec shareholders would own the remaining 22% of the shares and votes of Outotec.

The Combined Company, comprising Minerals and Outotec (but excluding Flow Control), will be named " Outotec.". It had illustrative combined sales of €3.9 billion in (approximately €4.2 billion including the impact of the recently announced acquisition of by ). With this transaction, Flow

The initial synergy targets, published in July , were EUR 100 million of run rate pre-tax cost synergies and EUR 150 million additional revenue synergies. Both targets were initially expected to materialize in three years after the merger has completed. In addition to the synergies, Outotec will continue with temporary savings

Outotec is a global pioneer in sustainable technologies and in providing end-to-end solutions and services in mineral and aggregate processing and metals refining. Outotec is the result of a merger between and Outotec, and currently the company employs more than 15,000 people in over 50 countries.

said it expects the completion of the combination to take place on June 30, 2020. shareholders will own 78% and Outotec shareholders 22% of the combined company.

Outotec has acquired 15 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms.It has also divested 8 assets.. Outotec's largest acquisition to date was in 2007, when it acquired Bulk Equipment Systems and Technologies for $10M. Outotec has acquired in 3 different US states, and 10 countries. The Company's most targeted sectors

Outotec Oyj is a Finnish publicly traded company that was established in when Outotec and Minerals merged. [2] [3] The company is focusing on providing technology

7/13 · Flow Control will become a separately listed independent flow control equipment and services company named Neles. In , Outotec had combined sales of €3.9 billion while Neles had sales of €593 million. Outotec chairman Matti Alahuhta said: “This is an industry-shaping combination that joins two uniquely complementary

7/2 · July 02, . Aggregate is just one of the minerals processing areas that Outotec will focus on moving forward. July 1 marked a big day for the aggregates, mining and recycling industries, as two key manufacturers- and Outotec - completed a merger that has created a new company targeted at helping customers change and advance the

Another term of the agreement will see spinning off its Neles flow control equipment line into a separately listed company. "We are excited about the unique opportunities this combination will create for our customers, employees and partners globally," says Pekka Vauramo, president and CEO about the Outotec acquisition.

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