Metso Acquires Danish Measurement Company Kemotron A/S

Helsinki, Finland 30 May 2008 -- Metso today acquired Kemotron A/S, a Danish manufacturer of measurement systems, from K. Jested-Nielsen and J.J. Lorentzen, the founders of the company. The value of the purchase agreement is not disclosed. The acquired company will be integrated into Metso Automation’s Process Automation business line.

The acquisition strengthens Metso Automation’s position as a supplier of measurement-based control solutions especially in the chemical pulping industry. It also expands Metso Automation’s solutions offering in new customer segments, such as chemical industry. Metso’s global presence offers an extensive sales and service channel for the acquired technology.

Kemotron produces and sells measurement equipment and systems mainly for the pulp and paper industry. Its measurement technology is also widely used in the process, energy, and chemical industries. The company was established in 1963 and is headquartered in Lyngby, a suburb to Copenhagen. The total number of employees is 14.

Metso is a global engineering and technology corporation with 2007 net sales of over EUR 6 billion. Its more than 27,000 employees in approximately 50 countries serve customers in the pulp and paper industry, rock, and minerals processing, the energy industry and selected other industries.