SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 |
FORM 6-K |
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 |
of the Securities Exchange Act of 1934 |
[February 2, 2004] |
Metso Corporation |
(Translation of registrants name into English) Fabianinkatu 9 A, PO Box 1220 FIN-00101 Helsinki, Finland |
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F |
Form 20-F [X] Form 40-F [ ] |
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. |
Yes [ ] No [X] |
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g-32(b):82-____________ |
SIGNATURES |
Date February 2, 2004 |
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf of the undersigned, thereunto duly authorized. |
Name: |
Olli Vaartimo President and CEO Metso Corporation |
Harri Luoto Senior Vice President, General Counsel Metso Corporation |
METSOS CONVERTING GROUP SALE HAS BEEN CLOSED |
(Helsinki, Finland, February 2, 2004) Metso Corporation (NYSE: MX; HEX: MEO) Following the approval of the competition authorities Metso has finalized the divestment of its Converting group to Swiss Bobst Group. Converting group was transferred to the buyer on January 30, 2004. Metso and Bobst Group reached an agreement of the sale in October 2003. The final price was approximately EUR 75 million. |
The divestment is a part of Metsos strategy to focus on its core businesses serving pulp and paper industry, rock and minerals processing and process automation customers. |
Metso Corporation is a global supplier of process industry machinery and systems, as well as know-how and aftermarket services. The Corporations core businesses are fiber and paper technology (Metso Paper), rock and mineral processing (Metso Minerals) and automation and control technology (Metso Automation). In 2002, the net sales of Metso Corporation were EUR 4.7 billion and the personnel totaled approximately 28, 500. Metso Corporation is listed on the Helsinki and New York Stock Exchanges. |
For additional information, please contact: Mikko Siiteri, Senior Vice President, Strategic Development, Metso Paper, tel. +358 400 706 729 Eeva Mäkelä, Investor Relations Manager, Metso Corporation, Tel. +358 204 84 3253 |
or |
Helena Aatinen, Senior Vice President, Corporate Communications, Metso Corporation, tel. +358 20 484 3004 USA: Mike Phillips, Senior Vice President, Finance and Administration, Metso USA, Inc., tel. +1 617 369 7850. |