Metso expands screening business in China with Selm acquisition

(PHOTO: Metso)

The deal includes Selm’s business operations and key assets, with the transaction expected to close in the second quarter of 2025, subject to conditions precedent.

The acquisition is intended to strengthen Metso’s offering to mining and aggregate customers in China.

Jouni Mähönen, Vice President, Screening at Metso, said: “The acquisition is a significant step in advancing our regional strategy in screening of being closer to our customers, fostering a market-focused approach.

“We are excited to enhance our role in China as a leading provider of screening solutions for large projects like super quarries.”

Selm, based in Shenyang, Northeast China, has approximately 180 employees and supplies screening equipment and technologies, including micro-sizing screening solutions, to the mining and aggregates industries.

Xiaofeng Liang, President of Metso’s Greater China market area, said: “Selm is a respected company with its products and services well recognized by the customers in both mining and aggregates industries.

“The acquisition will further enrich Metso’s product portfolio and strengthen our competitiveness and market position.”

Huifeng Tang, founder of Selm, added: “We have been developing our screening business over the past years, building expertise and strong reputation among customers.

“Moving forward, the screen offering will bring benefits for customers as part of Metso and our employees will get a valued new employer.”

The value of the transaction has not been disclosed, and Metso has stated that it will have no material impact on its financial results.