Metso Acquires Swiss Holzmag GmbH's Technology Rights

June 8, 2011
Metso strengthens its position in solid waste recycling through acquisition of Swiss Holzmag GmbH's technology rights

Metso and Holzmag GmbH have signed a contract according to which Metso will acquire the technology of Swiss Holzmag GmbH.

The value of the transaction is not disclosed. This acquisition of technology rights strengthens Metso's position as a leading technology and service provider for the mechanical treatment of solid waste.

Currently, Metso is the market leader in equipment for pre-shredding of all kinds of solid waste with its M&J shredders. The acquisition enables Metso to also provide fine shredding equipment for a wide range of solid waste types such as municipal and industrial solid waste, biomass, plastics, textiles, glass, aluminum and non-ferrous metals.

The acquisition also enables Metso to expand into new customer areas, such as recycling of industrial refuse/waste and preparation of refuse derived fuel for combustion or gasification.

According to Dr. René Gissinger, Metso's President, Recyling business line, the acquisition makes Metso a stronger partner. "Handling solid waste is becoming more important as there is a growing need to find alternatives for landfills and reuse all available resources on a global scale. The remaining waste can also be used as a source for energy at power plants," said Gissinger.

For more information on this contract please visit