Metso Acquires Globe Valve Technology Company in South Korea
Wednesday, March 7, 2012
Metso has signed an agreement to acquire South Korean valve
technology company, Valstone Control Inc. (Valstone). The acquisition
strengthens Metso’s control valve and service offering for customers in the oil
and gas and power industries. Valstone’s globe valves add to Metso’s current
wide portfolio of control valves. The acquired technology plays a key role in
most critical processes with extreme pressures and temperatures. The
acquisition follows Metso’s strategy and strengthens Metso’s market position in
the growing Asian markets.
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