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Metso acquires Shaorui

Metso has completed its acquisition of a 75 per cent stake in Chinese crushing and screening equipment manufacturer Shaorui Heavy Industries.

Metso strengthens in China

Metso is strengthening its presence in the fast growing Chinese construction market through two strategic actions: establishing a joint venture with LiuGong Group Corp and acquiring 75 per cent ownership of Shaorui Heavy Industries.Metso and LiuGong Group Corp (LiuGong) will form a 50:50 joint venture (JV) entity to develop the track-mounted crushing and screening business in China.