Metso has reinforced its know-how in process optimisation services to the mining and construction industries by acquiring the remaining interest in JV company Metso CISA. Metso and its JV partner BRGM in France signed the agreement in March. Metso CISA is now 100% owned by Metso.
CISA was created in 1990 as a JV company between SERGAP, a subsidiary of BRGM (49%) and ARMCO (51%). The business focus remains in advanced control and sensing as well as specialised column flotation. Metso acquired ARMCO's shares in 1998, and in 2009 increased its ownership to 67%.
The recent acquisition has furthered Metso's commitment to innovation and new technologies.
www.metso.com
