Outotec purchases Kalogeo to strengthen energy business
Published: Monday, 28 July 2014
The increased focus by mining companies on the social and environmental impacts of operations is creating new opportunities for Outotec. However, the company has still had to decrease its full year guidance as order backlog remains low.
Finnish technology provider Outotec has acquired the assets
of Austrian sustainable solutions company, Kalogeo Anglagenbau
GmbH, after it became insolvent.
The acquisition will enable Outotec to strengthen its energy
business as Kalogeo has provided solutions for biomass, sludge
and water treatment, as well as designing, building and
operating mid-size thermal...