Metso
Finnish industrial technology company supplying equipment, services, and process solutions to the mining, aggregates, recycling, and metal-refining industries.
Last updated August 31, 2026
Overview
Metso is a Finnish publicly traded industrial technology company focused on equipment, services, and process solutions for mining, aggregates production, recycling, and metal refining. The present-day company was created through the combination of Metso Minerals and Outotec. The European Commission accepted the transaction on 13 May 2020, and the merged company began operating on 1 July 2020 under the name Metso Outotec. The 2020 transaction brought together Metso's established expertise in mining and aggregates equipment with Outotec's technologies for minerals processing, metals processing, and related industrial applications. The resulting business serves customers across the mining and construction-materials value chains, with offerings that cover crushing, screening, grinding, separation, conveying, slurry handling, process control, maintenance, plant modernization, and other lifecycle services. Its activities also extend to recycling and metal-refining applications, reflecting a broader focus on improving resource efficiency, production performance, and the use of existing industrial assets. Metso's equipment portfolio includes stationary and mobile crushing and screening systems, grinding equipment, pumps, and associated process technologies. Recognized product and solution families include Nordberg crushing equipment and Lokotrack mobile crushing and screening plants. These offerings are supported by spare parts, field services, upgrades, technical support, and other services intended to help customers maintain availability and optimize plant performance. Following the merger, the company initially traded and operated as Metso Outotec. In February 2023, the board proposed restoring the shorter Metso name on the grounds that integration had been completed and that a unified brand better represented the company's forward strategy. Shareholders approved the proposal at the annual general meeting, and the legal name changed to Metso Corporation on 4 May 2023. The company also transferred its headquarters from Helsinki to Matinkylä in Espoo in September 2023. Metso operates internationally, with nearly 17,000 employees and activities in approximately 50 countries according to the cited reference material. Its business model combines capital equipment with recurring services, consumables, maintenance, upgrades, and process expertise. The company therefore positions itself not only as an equipment manufacturer but also as a technology and lifecycle partner for industrial customers seeking higher productivity, improved energy and water efficiency, lower operating costs, and more sustainable use of mineral and metal resources. The present-day Metso covered by this dossier should be distinguished from the earlier Metso corporation established in 1999 through the merger of Valmet and Rauma. The 2020-present Wikipedia subject specifically concerns the post-merger entity formed by Metso Minerals and Outotec.
History
The present-day Metso was formed from the combination of Metso Minerals and Outotec. The transaction linked two complementary industrial businesses: Metso's activities in mining and aggregates equipment, and Outotec's technologies for minerals processing, metals processing, and related plant solutions. The European Commission accepted the merger on 13 May 2020, and the combined company began operations on 1 July 2020 as Metso Outotec. The merger created a company with a broad position across the mineral and metal value chain. Its activities span equipment and process technologies for crushing, screening, grinding, separation, pumping, conveying, recycling, and metal refining. In addition to supplying machinery, the company provides spare parts, consumables, maintenance, upgrades, modernization projects, technical support, and other lifecycle services. This combination gives Metso a business model that includes both project-based equipment sales and longer-term customer relationships based on plant availability and process performance. During the early post-merger period, the company operated under the Metso Outotec name while integrating the two organizations and presenting a combined portfolio to customers. In February 2023, the board announced a proposal to change the legal name to Metso Corporation. The stated rationale was that the integration had been completed and that the company would benefit from a single, unified Metso brand for its next phase. Shareholders approved the proposal at the annual general meeting, and the name change took effect on 4 May 2023. The company also changed its corporate base during this period. In September 2023, headquarters moved from Helsinki to Matinkylä in Espoo, Finland. Metso's international organization serves customers in approximately 50 countries and employs nearly 17,000 people, according to the cited reference. Its global scope reflects the geographic distribution of mining, aggregates, recycling, and metal-refining customers. Metso's recognized product families include Nordberg crushing equipment and Lokotrack mobile crushing and screening plants. These solutions are used in applications where customers need to reduce, classify, transport, or otherwise process mineral and aggregate materials. The company also supplies grinding and pumping technologies and broader process solutions for minerals and metals operations. Services such as maintenance, parts, consumables, upgrades, and process optimization extend the relationship beyond the initial equipment purchase. In November 2024, Sami Takaluoma became President and CEO, succeeding Pekka Vauramo. The leadership change marked a further stage in the development of the post-2020 company. The Metso covered here is specifically the entity described by the Wikipedia title Metso (2020–present), rather than the earlier Metso corporation formed in 1999 through the Valmet–Rauma merger.
- 2024Sami Takaluoma takes over as CEO
Sami Takaluoma became President and CEO on 1 November 2024, replacing Pekka Vauramo.
- 2023Company name changes from Metso Outotec to Metso
After shareholder approval, the legal name changed to Metso Corporation on 4 May 2023.
- 2023Headquarters move to Espoo
Metso moved its headquarters from Helsinki to Matinkylä in Espoo in September 2023.
- 2020Merger approved by the European Commission
The European Commission accepted the merger of Metso's relevant business and Outotec on 13 May 2020.
- 2020Metso Outotec begins operations
The combined company began operations on 1 July 2020 following the Metso Minerals–Outotec combination.
Products and positioning
A global mining, aggregates, recycling, and metal-refining technology partner combining process equipment with lifecycle services and plant-performance expertise.
Nordberg crushing equipmentCrushing equipment
Nordberg is a recognized Metso product family associated with crushing equipment for mining, aggregates, and related material-processing applications. The range forms part of Metso's broader crushing portfolio and is used to reduce mined rock or other feed material to sizes suitable for downstream processing, construction-material production, or transport. Specific configurations and applications vary by customer and plant design.
Lokotrack mobile crushing and screening plantsMobile crushing and screening
Lokotrack is Metso's mobile crushing and screening plant family. These systems are designed to be transported and deployed closer to extraction, construction, demolition, or recycling work areas than fixed plants. They combine mobility with material-reduction and classification functions, supporting aggregates production and other applications where site flexibility and reduced material hauling are important.
Grinding systemsMinerals processing
Metso supplies grinding equipment and related systems for mineral-processing operations. Grinding reduces particle size after primary crushing and supports the liberation and recovery of valuable minerals in downstream processes. The offering is part of a wider process portfolio that can include equipment, process design, modernization, parts, maintenance, and technical services.
Pumps and slurry-handling solutionsPumping equipment
Metso provides pumps and related slurry-handling solutions for demanding mining and minerals-processing environments. These products support the movement of mineral-bearing fluids and abrasive slurries within processing plants and associated infrastructure. They are complemented by wear parts, maintenance, and other lifecycle services.
Flagship businesses
- Nordberg crushing equipment
- Lokotrack mobile crushing and screening plants
- Lokotrack mobile crushing and screening equipment
- Vertimill stirred-media grinding mills
- Neles valves and flow-control solutions
Brand decisions
- 2023Adopt the unified Metso corporate brandStrategy
The board stated that post-merger integration had been completed and that the company's forward strategy was centered on a unified brand.
What changed. The board proposed changing the name from Metso Outotec Corporation to Metso Corporation, and shareholders approved the proposal at the 3 May 2023 annual general meeting. The change took effect on 4 May.
Aftermath. The company resumed the shorter Metso name for its post-merger operations.
- 2020Combine Metso Minerals and OutotecM&A
The transaction brought together complementary equipment and process-technology businesses serving mining, aggregates, recycling, and metals-related customers.
What changed. The European Commission accepted the merger on 13 May 2020, and the combined company began operations on 1 July 2020 as Metso Outotec.
Aftermath. The merger created the present-day Metso entity described by the 2020-present Wikipedia subject.
Leadership
| Name | Title | Tenure |
|---|---|---|
| Sami Takaluoma | President and Chief Executive Officer | 2024– |
| Matti Alahuhta | Deputy Chairman of the Board | — |
| Mikael Lilius | Chairman of the Board | — |
| Pekka Vauramo | President and Chief Executive Officerformer | –2024 |
Recent events
- 2024Sami Takaluoma becomes President and CEO
Sami Takaluoma became Metso's President and CEO on 1 November 2024, succeeding Pekka Vauramo.
Leadership change - 2023Shareholders approve the return to the Metso name
Following completion of the post-merger integration, shareholders approved changing the company's name from Metso Outotec Corporation to Metso Corporation.
Other - 2023Metso moves its headquarters to Espoo
The company moved its headquarters from Helsinki to Matinkylä in Espoo in September 2023.
Other - 2020European Commission clears the Metso and Outotec merger
The European Commission accepted the combination of Metso's minerals-related business and Outotec on 13 May 2020, clearing the way for the new company.
M&ARegulation - 2020Metso Outotec begins operations after the merger
The merged company began operating on 1 July 2020, combining Metso Minerals and Outotec under the Metso Outotec name.
M&A
Sources
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