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SMS group GmbH Am SMS Campus 1 41069 Mönchengladbach, Germany http://www.sms-group.com
Contact Mr Kilian Rötzer +49 211 8814127
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SMS group acquires parts of Metso’s metals business, expanding its portfolio of decarbonization solutions

(PresseBox) (Düsseldorf, )
  • Acquisition includes agglomeration and calcination technologies formerly owned by Metso’s Outotec brand
  • SMS integrates businesses for sustainable processing methods for minerals and metals to drive the decarbonization of the steel industry
  • 180 employees in Germany, India, China and other global regions will join SMS group’s organization
SMS group has signed an agreement with Metso Corporation to acquire parts of their portfolio for sustainable metals production. Metso is a technology and services provider in the aggregates, minerals processing and metals refining industries. The transaction includes technologies which SMS aims at developing further to the benefit of customers, supporting the green steel strategy as well as further strengthening the service portfolio, e.g. with sintering and traveling grate pelletizing as well as fluidized bed technologies. The transaction is expected to close in the first quarter of 2026, subject to customary regulatory approvals. The deal also includes ongoing business activities and the growing service business related to these technologies.

“We are very pleased to add these technologies to our product portfolio including the respective know-how carriers. With this acquisition we pursue our ambition to be a leading partner for the green transformation of the metals industry,” says Thomas Hansmann, Chief Technology Officer of SMS group.

Approximately 180 employees, primarily based in Germany, India and China, are planned to join the SMS group at the closing of the transaction.

About Metso

Metso is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. We improve our customers’ energy and water efficiency, increase their productivity, and reduce environmental risks with our product and service expertise. We are the partner for positive change. Headquartered in Espoo, Finland, Metso employs over 17,000 people in close to 50 countries and sales for 2023 were about EUR 5.4 billion. The company is listed on the Nasdaq Helsinki. Metso.com, x.com/metsoofficial.

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SMS group GmbH

SMS group is renowned worldwide for its future-oriented technologies and outstanding service for the metals industry. The company applies its 150 years of experience and its digital know-how to provide the industry continuously with innovative products and processes – even beyond its core business – and generates worldwide sales of around 4 billion euros. SMS is the right partner for challenging projects and supports its customers throughout the lifecycle of their plants, enabling profitable and resource-efficient value creation chains. Paving the way for a carbon-neutral and sustainable metals industry is the company’s stated goal. As a global player with German roots, SMS takes responsibility for more than 13,500 employees.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.