Outotec acquires Sinter Plant Services in South Africa

Outotec has successfully completed the acquisition of the business of Sinter Plant Services CC in South Africa. Sinter Plant Services provides spare parts and services to South African ferrochrome plants from its service center and manufacturing facility close to Johannesburg. The transaction was announced in November 2015. The acquisition price was not disclosed.

The acquisition complements Outotec's service offering to South African ferrochrome plants. Sinter Plant Services' some 40 employees were transfered to Outotec. The annual sales of the company have been some millions of euros. The acquisition will not impact Outotec's financial guidance for 2015.

"This acquisition complements our service offering and strengthens our position as a provider of life-cycle solutions to the South African ferroalloy producers", says Robin Lindahl, head of Metals, Energy & Water business area at Outotec.

(Source: Outotec Oyj)

Related Topics
Aichelin develops transparent portal for the maintenance of heat treatment plants more
Primetals to supply continuous slab casters to HBIS more
heat processing media data available for 2018 more
Fabtech approaches manufacturing’s industrial evolution more
Andritz delivers walking beam furnace for Swiss Steel more
GE Additive opens Customer Experience Center in Munich more