Metso acquires all shares in Metso-SHI joint venture

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Finnish Metso Paper has acquired the shares held by its partner Sumitomo Heavy Industries Ltd. (SHI) in the joint venture Metso-SHI Co. Prior to the transaction, Metso Paper held 50% of the shares in Metso-SHI while Metso Automation and SHI owned 15% and 35% respectively. The Finnish company said that the acquisition ...

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