Metso shifts pumps business to minerals segment

Finland’s Metso is moving its Pumps business to the Minerals segment. The change is designed to better support the common customer interface and the growth plans for the Pumps business.

Previously, Pumps was reported under Flow Control together with Valves. Metso will continue to report externally under the two segments, Minerals and Flow Control, and will run its operations through seven business areas grouped under these two segments.

The majority of Metso’s Pumps customers are common to the Minerals segment and sales already largely operate through the Minerals market structure. The Pumps business will be headed by Mikko Keto who is also president of Metso’s Minerals Services business area. John Quinlivan will continue as president of the Valves business area.

www.metso.com

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