Metso Makes Acquisition

Metso announced the acquisition of Bulk Equipment Systems Technology  Inc., a Cleveland area-based company, that markets equipment for the metals recycling industry.

The acquisition is around $12 million. B.E.S.T. is a supplier of shredder downstream equipment, as well as process control and optimization technologies in North America. With the acquisition, Metso Minerals strengthens its position in the North American metal recycling market. Metso expects to use the knowledge base that B.E.S.T. has developed to boost its business in North America, as well as Asia and Europe.