Metso Acquires Fabco
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Metso, Finland, reported this week that it has acquired Fabco Inc. (Fabrication Company of Maine), located in Winthrop, Maine, USA. The acquired business, employing 20 people, was affiliated to Metso's Paper and Fiber Technology segment - Filtration Services, effective November 1. The value of the transaction was not disclosed.
The acquisition will complement Metso's current services, technology, and product offering to the pulp industry in North America, and is in line with the company's strategy to increase the level of business in the services sector.
Fabco Inc. has been manufacturing and servicing filtration components for the pulp and paper industry for more than 30 years. The filtration solutions are offered for different parts of the paper mill—woodyard, pulp mill, paper machine, and waste water treatment. Some of the key manufactured products are disc filter sectors, drum filter covers, belt press belts, sector covers, vibrating and polishing filter screens, and recausticizing products.
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