Gleiss Lutz has advised the publicly traded Finnish company Metso Corporation (METSO.HE) on the multinational divestment of a portion of its metals and chemicals processing technology business, including sulfuric acid, gas cleaning, roasting and other fluid bed solutions, as well as the related service business, to Nextchem, the technology subsidiary of the publicly traded Italian MAIRE Group (MAIRE.MI).
The divested business unit is a global leader in technologies for fluidized-bed roasting as well as for the treatment and purification of metallurgical off-gases. This business comprises more than 60 patent families, over 1,000 industrial references, and approximately 180 specialists, primarily based in Germany, India, and Sweden. Prior to closing, Metso will carve out the sold business activities into a newly incorporated German entity. The closing of the transaction is subject to regulatory approvals and is expected in mid-2027, following the completion of the carve-out.
Metso, headquartered in Espoo, Finland, is a leading provider of technologies and services in the aggregates, mineral processing, and metal refining sectors. The company, listed on the Nasdaq Helsinki, employs over 17,000 people in nearly 50 countries. This divestment sharpens Metso’s strategic focus on minerals processing and metals refining solutions.
Nextchem is a company within the Milan-based MAIRE Group that specializes in sustainable technology solutions for the energy transition; it operates in the business areas of sustainable fertilizers and nitrogen-based fuels, low-carbon energy sources, and sustainable materials and circular economy solutions.
The following Gleiss Lutz team, led by Dr. Andreas Löhdefink (partner) and Kevin Löffler (partner), advised Metso:
Dr. Christoph Auchter (counsel), Lukas Schulze-Hagen, Dr. Ken Laws (all M&A, Frankfurt), Dr. Alexander Molle (partner), Jan Felix Hinrichs (counsel, both IP/Tech, Berlin), Dr. Ocka Stumm (partner), Dr. Dominik Monz (Counsel), Dr. Johannes Heck (all Tax, Frankfurt), Prof. Dr. Thomas Winzer (partner), Dr. Tobias Johannes Abend (counsel), Lea Kuhr, Dr. Stefan Schaaf (all Employment, Frankfurt), Dr. Jacob von Andreae (partner), Aylin Hoffs (counsel), Lennart Förster (all Public Law, Düsseldorf), Dr. Alexander Fritzsche (partner), Dr. Juliane Langguth (both Competition/Antitrust, Frankfurt), Michael P. Clever, Maximilian Leisenheimer (both Real Estate, Frankfurt), Dr. Simon Wagner (counsel, Dispute Resolution, Stuttgart), Simon Clemens Wegmann (Data Protection, Berlin).
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