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Comment Business & Economics

Outotec to acquire all shares in Numcore, an innovator of 3D-imaging measurement technology  

By Gerald Ondrey |

Outotec Oyj (Espoo, Finland; www.outotec.com) strengthens its process control technologies by acquiring all shares in Numcore Ltd. (Kuopio, Finland; www.numcore.fi) — a start-up company developing and marketing innovative online process control solutions based on 3D imaging. With a strong focus on R&D, the Numcore has designed high-tech instruments for process optimization of minerals processing, food as well as pulp and paper industries. The parties have agreed not to disclose the acquisition price. The acquisition supports Outotec’s growth strategy and strengthens Outotec’s competitive edge in providing advanced technology solutions. Numcore’s technology is already proven in flotation and thickener applications. Furthermore, Electrical Impedance Tomography (EIT) technology can be utilized in other Outotec’s business segments. The acquisition will not have any significant short-term impact on Outotec’s revenues. Outotec has a strong position in providing flotation and thickening solutions for the minerals processing industry with over 4,000 installed flotation units and more than 1,400 thickeners in the last 20 years. Numcore’s EIT technology can be applied to all new flotation cells and…
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