Metso Outotec has signed an agreement to divest its Waste Recycling business line to Ahlström Capital, a family-owned investment company. Metso Outotec announced in October 2020 its decision to divest its Recycling business which comprises of the waste recycling and metal recycling business lines based on the company’s strategic focus on the aggregates and mining industries. The closing of the transaction is expected to take place during the fourth quarter of 2021.

With trade already heavily challenged by the COVID-19 pandemic, the current wave of riots and looting in parts of the country is exacerbating matters further, presenting a tipping point for many businesses as to whether they survive or not. The violent and destructive protest action of the last few days has thrown supply chain risk into stark contrast yet again, with businesses scrambling to secure the weak links, safeguard lives and property and reduce the risks to business continuity as far as possible.

The N3 and N2 routes through the KwaZulu-Natal province have been targeted by groups allegedly protesting the recent events relating to the former President Jacob Zuma and his imprisonment. The “protests”, as they are now termed, have hit the routes and the ire of the groups has been focused on trucks passing along these routes.

At the annual Manitowoc Crane Care Awards, Paterson Simons scooped the honour for the highest parts sales in the Europe and Africa region. This year’s ceremony took place virtually and was attended by both the parts and logistics team based in Brighton, UK, and the mobile crane engineering team based in Takoradi, Ghana.

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Munesu Shoko
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Elmarie Stonell
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Phone: +27 11 622-4770
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