First publishedon www.AggBusiness.com
Metso has closed the acquisition of the UK-based combustion solutions and technology provider Kiln Flame Systems (KFS).
Finland-based quarrying and mining equipment maker Metso says the purchase of KFS will extend its pyro processing portfolio and capabilities. Details of the transaction have not been disclosed.
KFS specialises in rotary kiln and calcining processes, combustion optimization and burner technologies with patented designs. It provides solutions to a range of industries including minerals processing. KFS has 14 employees based in High Wycombe, United Kingdom. It was founded in 1999, and has expertise in Computational Fluid Dynamics (CFD) for burner design and system analysis backed up by an extensive history of physical modelling.
KFS will become part of Metso's minerals services business, which offers a line of pyro processing equipment.
"The acquisition supports Metso's growth strategy by strengthening our capabilities to provide pyro solutions to our customers," said Mikko Keto, president of the minerals services business at Metso.
Cliff Rennie, director and CEO of KFS, commented: "Joining forces with Metso gives us the opportunity to offer our technology to a wider customer base. KFS has worked hard to establish our position and reputation as a market leader in custom-designed combustion solutions, and we are delighted to build our future and continue serving existing and new customers with Metso."