Metso has strengthened its offering for customers in oil and gas and power by acquiring a globe valve technology and service company, Valstone Control Inc in South Korea (Valstone). The acquisition enables Metso to expand its offering for the oil and gas and power industries with globe valve technology that plays a key role in most critical processes with extreme pressures and temperatures.

Valstone is a privately owned globe valve and service specialist company. It has an established customer base in Korean engineering, procurement and construction (EPC) companies and in domestic South Korean petrochemical and power generation industries.

Valstone?s globe valves add to Metso?s current wide portfolio of control valves, making Metso one of the strongest control valve suppliers. Metso has ambitious targets to develop its valve business and services. This acquisition is preceded by a series of investments in its global offering and presence, also testifying to Metso?s commitment to growth. Last year, Metso opened a new valve technology center in Finland. In 2010 Metso, opened a new valve facility in Shanghai, China, and is currently expanding its valve production premises in the US, as well as building a new supply and service centre in Vadodara. Metso also has high-class industrial valve facilities in Brazil and Germany.