The Endress+Hauser Group and Metso Automation are to restructure their sales and service activities in Switzerland and Finland with effect from 1 July 2015. Both groups of companies will de-merge their mutual minority shareholdings in the respective entities and establish their own dedicated sales and service organisations to serve their customers. Based on the strong market positions achieved over the past years in both the Swiss and Finnish marketplaces, Endress+Hauser and Metso undertake to continue to serve their customers with their own sales and service networks.
In Switzerland the minority shareholding of Metso Automation in Endress+Hauser Metso will be transferred to Endress+Hauser by 1 July 2015. The sales and service company will be renamed Endress+Hauser (Schweiz) and focus solely on Endress+Hauser’s offering for the process industry. Metso will continue to serve the Swiss market with its valve and pump offering.
Endress+Hauser’s sales and service activities in Finland will move into a new company with the name Endress+Hauser (Finland) by 1 July 2015. This company will act as Endress+Hauser’s sole representation in the country. Metso will focus on sales and service of Metso’s flow control solutions to oil & gas, pulp & paper, mining and other process industries. The minority ownership of Endress+Hauser (International) Holding in the current Metso Endress+Hauser will be transferred to Metso.