Metso, Outotec Announce Merger

Metso and Outotec have agreed to combine Metso Minerals and Outotec to create a leading company in process technology, equipment and services serving the minerals, metals and aggregates industries. The combined company, comprising Metso Minerals and Outotec (but excluding Metso Flow Control), will be named Metso Outotec. It had illustrative combined sales of €3.9 billion in 2018 (approximately €4.2 billion…

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The Metso-McCloskey Deal

June 13, 2019 – Big news in the world of crushing. As you probably have heard by now, Metso is acquiring McCloskey International. The deal supports Metso’s expansion plans and the company will now be able to offer customers multiple complementary product lines. The deal also brings McCloskey greater international market presence. But is the deal an early precursor to an…

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Polycor Merges with Indiana Limestone

The largest producer of natural stone in North America, Polycor Inc., completed its merger with Indiana Limestone Co. (ILCO), a dimensional limestone quarrier and building products producer headquartered in Bloomington, Ind. This announcement comes shortly after Polycor’s recent acquisition of four limestone quarries in France in July, now positioning the company as a global leader in the natural stone industry.

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Update on the Mega Merger

April 24, 2014 – Martin Marietta Materials Inc. said it has received a “second request” as discussions with the Department of Justice continue regarding a resolution in relation to its Hart-Scott-Rodino Antitrust Improvement Act filing in the proposed combination with Texas Industries Inc.

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More Merger Mania

April 5, 2014 – The word on the street is that Holcim and Lafarge are in advanced merger discussions. In statements, the companies emphasized that no agreement had yet been reached, and that there was no guarantee of a deal. But they pointed to a “strong complementarity” and “cultural proximity” between their operations. A merger would allow the companies to cut…

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