The global equipment company Metso, headquartered in Helsinki, Finland, has acquired Fabrication Company of Maine (Fabco), based in Winthrop, Maine. The acquired business will be affiliated to Metso's Paper and Fiber Technology segment - Filtration Services. Metso did not disclose the value of the transaction.
According to a Metso release, Fabco will complement the company’s current services, technology and product offering to the pulp industry in North America, and is in line with Metso's strategy to increase the level of business in the services sector.
Fabco Inc. has been manufacturing and servicing filtration components for the pulp and paper industry for more than 30 years.