Metso has purchased Australia-based wear lining solutions provider WEARX. The company’s sales in fiscal year 2017 that ended on June 30 were AUD 35 million ($27 million). Headquartered in Newcastle, WEARX has operations in Ballina, Orange and Perth, and has about 140 employees.
“The acquisition is a good strategic fit for Metso, supporting our profitable growth strategy,” said Nico Delvaux, president and CEO of Metso. “Joining forces with WEARX gives us the opportunity to strengthen our position in the wear lining business and extends our offering for our Australian customers.”
WEARX offers wear liners, rubber and ceramic lining, skirting, and bulk material handling equipment. Its services portfolio includes design, engineering, site services and project management.