Metso closes its acquisition of India based Rotex Manufacturers and Engineers Pvt. Ltd.
Published by Laura Dean,
Deputy Editor
Hydrocarbon Engineering,
Metso has successfully completed its acquisition of the valve automation division of India based Rotex Manufacturers and Engineers Private Limited (RMEPL), by acquiring all of the shares in RMEBS Controls Private Limited (RMEBS).
"This move increases our presence in attractive new industries and application areas. The capabilities and technological solutions coming from Rotex fit seamlessly into Metso's offering and strengthen our global valve network. We are naturally excited to welcome the new colleagues who will be joining Metso, and we are looking forward to serving our customers globally," says John Quinlivan, President, Valves business area, Metso.
The acquisition was announced in April 2018.
Read the article online at: https://www.hydrocarbonengineering.com/special-reports/01112018/metso-closes-its-acquisition-of-india-based-rotex-manufacturers-and-engineers-pvt-ltd/
You might also like
Hydrocarbon Engineering Podcast
Dr Klaus Brun, Global Director of Research & Development, Ebara Elliott Energy, joins us to discuss the progress that is being made towards adapting centrifugal compressors for high-speed hydrogen compression.
European Commission approves Finnish State aid scheme
The European Commission has approved €2.3 billion Finnish State aid scheme to foster the transition to a net-zero economy.