Fastpap will sell its Paper Quality Control (PQC) business to Metso Automation. The operations encompass the design, assembly and maintenance of scanners as well as spare parts.
The sale is expected to be completed within the next few weeks. The parties have decided not to disclose the price.
Scanner production will continue at the Ylöjärvi production unit. The 11 employees will be taken on by Metso Automation.
After the sale, Fastpap will focus on providing customers with cleaning and tail cutter solutions designed to increase the productivity of pulping and papermaking processes.
For more information please contact:
Pekka Kiiski, CEO, Fastpap Oy Ab, +358 (0)50 568 50 80