Outotec has acquired Edmeston AB, a company specialising in sulphuric acid production equipment and systems. Pertti Korhonen, President and CEO of Outotec said “The acquisition strengthens [the company’s] position as the leading provider of sulphuric acid production technology. Edmeston complements our offerings to the sulphuric acid plant operators enabling us to raise our service level in particular in equipment refurbishments and upgrades.”
Outotec is already a supplier of advanced sulphuric acid plants for the metallurgical industry. Its technology is used for example in fertiliser production. The company has delivered over 600 sulphuric acid plants globally. Edmeston has unique know-how of special stainless steel grades suitable for use in highly corrosive environments. Its annual revenues are around €10 million, and it employs around a dozen professionals.
The transaction, subject to completion of confirmatory due diligence, is expected to close in May.