Metso Expands Its Presence in China with Acquisition of Selm Technology’s Screening Solutions

Metso Expands Its Presence in China with Acquisition of Selm Technology’s Screening Solutions

(IN BRIEF) Metso has announced its acquisition of Selm (Beijing) Technology Co., Ltd, a Chinese manufacturer specializing in screening solutions for the mining and aggregates industries. The acquisition will enhance Metso’s ability to offer comprehensive screening services to customers in China, focusing on mining and aggregates sectors. This acquisition supports Metso’s regional strategy to increase its market presence in China, particularly in large-scale projects like super quarries. Metso will combine its expertise in screening equipment with Selm’s recognized offerings, helping improve customer service and growth. The deal, which is subject to conditions, is expected to close by Q2 2025. Selm, based in Shenyang, China, has a strong reputation in micro-sizing screening solutions and employs around 180 people.

(PRESS RELEASE) ESPOO, 10-Feb-2025 — /EuropaWire/ — Metso is significantly expanding its screening solutions in China through an agreement to acquire the screening business, operations, and key assets of Selm (Beijing) Technology Co., Ltd., a privately-owned company. This strategic investment enhances Metso’s ability to provide comprehensive services to its mining and aggregates customers in China by combining the new offerings from Selm with Metso’s extensive expertise in screening equipment, media, repairs, and services.

Jouni Mähönen, Vice President of Screening at Metso, emphasized the importance of this acquisition: “This move is an important step in advancing our regional strategy by getting closer to our customers and fostering a market-focused approach. We are excited to strengthen our position in China and enhance our role as a leading provider of screening solutions for large-scale projects like super quarries. We look forward to welcoming new colleagues who will help us achieve our growth targets and improve customer service.”

Xiaofeng Liang, President of the Greater China market area at Metso, highlighted the value of Selm’s respected brand and product offerings: “Selm is well-recognized in the mining and aggregates sectors, and this acquisition will further enrich our product portfolio. It strengthens our competitiveness and solidifies our market position, enabling us to provide comprehensive screening solutions to our strong customer base in China.”

The acquisition, which remains subject to certain conditions, is expected to close in the second quarter of 2025. The parties have agreed to keep the transaction value undisclosed, as it is not expected to have a material impact on Metso’s financial performance.

Selm (Beijing) Technology Co., Ltd, based in Shenyang, Northeast China, is a prominent manufacturer of mining and aggregate screens, including micro-sizing screening solutions. The company employs around 180 people and has established a solid reputation for its products and services.

Huifeng Tang, the founder of Selm, expressed his enthusiasm for the transition: “We have worked hard to build expertise and a strong reputation in the screening business. By joining Metso, we will be able to offer even greater benefits to our customers, and our employees will have the opportunity to thrive with a respected new employer.”

Metso’s screening solutions for the mining and aggregates industries include a variety of products such as banana screens, horizontal screens, inclined screens, mobile screens, portable screens, ultrafine screens, as well as screening media and related services, parts, and repairs.

Metso is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. We improve our customers’ energy and water efficiency, increase their productivity, and reduce environmental risks with our product and service expertise. We are the partner for positive change.

Headquartered in Espoo, Finland, Metso employs over 17,000 people in close to 50 countries and sales for 2023 were about EUR 5.4 billion. The company is listed on the Nasdaq Helsinki. metso.com, x.com/metsoofficial

Media Contacts:

Jouni Mähönen, Vice President, Screening, Metso, tel. +358 20 484 142, email: jouni.mahonen(at)metso.com

Helena Marjaranta, Vice President, Communications and Brand, Metso Corporation, tel. +358 20 484 3212, email: helena.marjaranta(at)metso.com

SOURCE: Metso