Metso Paper Announces Acquisition

Equipment company makes deal for portion of Japanese business.

Metso Paper and Advanced Fiber Technologies entered into an agreement for the purchase of AFT's Optimum Screw Press technology and business.

The Optimum Screw Press technology is used in mechanical pulping and recycled fiber, and complements Metso Paper's offering, especially in the aftermarket business.

AFT, owned by the Japanese Aikawa Group, provides pulp screening components and systems.