Metso buys Finnish rubber belt business

ERJ staff report (DS)

Helsinki, Finland -- Metso has acquired Camoplast-Finntrack Oy's rubber belt related business located in Tampere, Finland. The business will be affiliated to Metso's Paper business line. The value of the agreement will not be disclosed.

Camoplast-Finntrack Oy's rubber belt related business currently employs 16 persons and they will transfer to Metso under current terms.

Metso said the acquisition complements Metso's product and service offering to the paper industry. The production of the business concerned will serve users of Metso's winders all over the world.

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Press release from Metso