Neles Oyj was a Finnish publicly traded company offering flow control products and services for process industries. The Neles trademark was originally filed in 1956 by Finnish engineers Antti Nelimarkka and Eino Santasalo.[2] In July 2019, it was announced that Metso Minerals and Outotec would merge in 2020 into a new large mineral company called Metso Outotec. At the same time, the remaining Metso was transformed into Neles.[3] The company started operations on 1 July 2020.[3]
Valmet acquired 14.9 percent of Neles' shares on 1 July 2020.[4] On 13 July 2020, the Swedish company Alfa Laval