With the acquisition, Metso aims to strengthen the breadth and availability of its product and service offering for the aggregates industry in the Nordics. The company's sales in the fiscal year 2017 were SEK 342 million (€33 million).
The transaction is subject to customary closing conditions, including clearance from the Swedish Competition Authority, and it is expected to close in the third-quarter of 2018. The parties have agreed not to disclose the value of the transaction.
“This acquisition is a good strategic fit for Metso, supporting our profitable growth strategy," says Markku Simula, president of Metso's Aggregates Equipment business area.
“Joining forces with P.J. Jonsson och Söner gives us the opportunity to serve our Nordic customers with complementary offerings.”
P.J. Jonsson och Söner AB specialises in the supply of mobile crushing and screening plants to a wide range of customers across Sweden. Its headquarters are located in Överhörnäs, Sweden, and it has approximately 40 employees.
