Global Physical Asset Management
Metso has acquired Global Physical Asset Management
Engagement Type:
Industry:
Professional and Technical Services
Metso has acquired Global Physical Asset Management. MNP Corporate Finance Inc. acted as exclusive financial advisor to Global Physical Asset Management in structuring and negotiating this transaction.
Transaction Brief
The acquisition will further strengthen Metso's capabilities in digital field service inspections for grinding.
Global Physical Asset Management ("Global PAM") specializes in the engineering, design, manufacture, installation, inspection, and maintenance of power transmissions and structural components for mills, kilns, driers, and crushers for the mining industry. Global PAM has offices in British Columbia, Wisconsin, and Arizona.
Metso, a publicly traded engineering company under the ticker (HEL: METSO), is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries. Headquartered in Helsinki, Finland, Metso employs over 15,000 people in more than 50 countries and its sales for 2022 were about EUR 5.3 billion.