SMS group have acquired part of Metso’s metal business to expand its portfolio of decarbonisation solutions.
The agreement includes agglomeration and calcination technologies formerly owned by Metso’s Outotec brand.
SMS aims to develop these technologies further, in order to support their green steel strategy and strengthen their service portfolio. The transaction is subject to customary regulatory approvals but is expected to close in the first quarter of 2026.
Thomas Hansmann, Chief Technology Officer of SMS group, said: “We are very pleased to add these technologies to our product portfolio including the respective know-how carriers. With this acquisition we pursue our ambition to be a leading partner for the green transformation of the metals industry.”
As part of the deal approximately 180 members of Metso staff, primarily based in Germany, India and China, will join SMS group’s organisation. Headquartered in Finland, Metso is a frontrunner in sustainable technologies, as well as services for the aggregates, minerals processing and metals refining industries globally.
