MAPAG Valves GmbH acquisition completed

Metso has completed the acquisition of MAPAG Valves GmbH from Germany-based Linde Group when the relevant approvals for the acquisition were received. The ownership of the company was transferred to Metso on 12 June 2008. The acquired company will be integrated into Metso Automation’s Flow Control business line. In connection with the transaction, the parties also have signed a long-term partnership agreement. MAPAG Valves is a manufacturing company of high performance butterfly valves. It operates a modern factory in Horgau, near Munich that employs close to 100 persons. MAPAG’s products are used across a wide spectrum of industry, such as chemical, petrochemical, air separation, natural gas, off-shore and LNG as well as nuclear and conventional power stations.
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