Metso has sold its Flexowell conveyor belt operations and related assets in Moers, Germany, to ContiTech Transportbandsysteme GmbH. Flexowell operations consist of conveyor belts and systems for bulk material handling. The division was part of Metso’s Mining and Construction Technology segment.
Conveyor belts and bulk material handling systems will continue to be an essential part of Metso’s offering to mining and construction industries in the future.
The sale is part of Metso’s strategy to develop and simplify current production network, which, the company says, will improve the competitiveness of the business and to further develop customer service.
Flexowell conveyor belt business is planned to be transferred to ContiTech Transportbandsysteme GmbH on May 1.
ContiTech Transportbandsysteme GmbH is a manufacturer and system supplier of steel-cable and textile-ply conveyor belts, service materials and special products.
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