Business Services Industry
Metso Corporation divests Svedala Robot BV
Nordic Business Report, July 29, 2002
NORDIC BUSINESS REPORT-29 July 2002-Metso Corporation divests Svedala Robot BV (C)1994-2002 M2 COMMUNICATIONS LTD http://www.m2.com
The Finnish process industry machinery and systems supplier Metso Corporation announced on Friday (26 July) that it had sold its Dutch company Svedala Robot BV to American ITT Industries for an undisclosed sum.
Svedala Robot was acquired by Metso in connection with the Swedish group Svedala Industri AB in September 2001 and the divestiture is part of Metso's post-acquisition integration measures.
Svedala Robot manufactures submersible pumps and pump systems used in wastewater applications. It has some 75 employees and annual sales of approximately EUR10m.
((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
Most Popular Business Publications
Content provided in partnership with
