Extract from our Nordic M&A Newsletter

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Outec to sell its manufacturing businesses in Africa
May 13, 2019

Finnish publ. listed technology group Outec has sold its fabrication and manufacturing businesses in South Africa and Mozambique to SPS Holdings Company. The South African facility serves primarily ferrochrome plants and the Mozambique facility provides services and spare parts for the aluminum industry. The combined divested business has 255 FTEs and annual sales of EUR 15m.

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