Sulzer, which ranks fourth worldwide in its main business of making pumps, is providing Metco with above-average research funding as a proportion of revenue because of opportunities to bring out ...

Swiss machinery manufacturer Sulzer <SUN.S> agreed to sell its coatings unit Metco to peer Oerlikon <OERL.S> for around 850 million Swiss francs ($949 million) in cash, as it seeks to focus on it ...

Sulzer has agreed to sell its coatings unit Metco to peer Oerlikon for around 850 million Swiss francs ($949 million) in cash, the Swiss machinery maker said in a statement on Friday.