Metso Outotec closes divestment of its Aluminium business to REEL International
Metso Outotec has closed the divestment of its Aluminium business to REEL International for an undisclosed sum. The business includes equipment and plant solutions to green anode plants, anode rodshops, and casthouses used in aluminium smelters, as well as the related services.
“I would like to extend my sincerest thanks to the Aluminium team for its contribution to Metso Outotec and for the hard work to ensure a smooth transfer of the business. I wish the team great success under its new ownership at REEL,” said Jari Ålgars, President of Metals business area, Metso Outotec.
Metso Outotec, headquartered in Helsinki, Finland is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. The company employs over 15,000 people in more than 50 countries and its sales for 2020 were about EUR 3.9 billion.
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