Finland-based Outotec Oyj, a global provider of process solutions, technologies and services for the mining and metallurgical industries, has announced the completion of the earlier announced acquisition of Canada-based Auburn Group, a service provider for the mining and metals industries.
The acquisition worth approximately €10 million is in line with Outotec's strategy to expand its service business to the annual level of €250-300 million by the end of 2010.