Previously, the pumps business area was under the flow control segment together with valves.
Metso will continue to report externally under the two segments, minerals and flow control, and will run its operations through seven business areas grouped under these two segments.
The majority of Metso's pumps customers are common to the minerals segment, and sales already largely operate through the minerals market area structure.
Going forward, the pumps side will be headed by Mikko Keto, who acts also as president of Metso's minerals services business area. John Quinlivan will continue as president of the valves business area.
The change is effective immediately. Pumps will be reported under the minerals segment as of January 1, 2019.
Metso is an industrial company offering equipment and services for the processing and flow of natural resources in the mining, aggregates, recycling and process industries.
