Lindemann

Acquired by Mimir in 2022 through a global carve-out from Metso Outotec (NASDAQ: OUKPY).

Lindemann is a world leader in metal recycling technology, equipment, and services enabling the circular use of metals critical to the green transition. With a global footprint spanning more than 50 countries, the company delivers high-performance shredders, shears, and baling systems that power the recycling value chain and help reduce global dependency on virgin raw materials. 

Mimir acquired Lindemann following Metso Outotec’s strategic divestment of its recycling operations, focusing instead on its mining equipment core. The carve-out represented a complex global transaction involving asset and share transfers across more than ten jurisdictions. Working jointly, Mimir’s M&A and Operations teams ensured a seamless separation, safeguarding customer continuity and supplier relationships throughout the process.

Investment Thesis

Mimir’s investment thesis centers on transforming Lindemann from a non-core division into a standalone global champion in recycling technology. By unlocking long-suppressed strategic potential, Mimir is repositioning Lindemann for accelerated growth through focused investments in digitalization, innovation, and service expansion. 

Lindemann’s technology already sits at the heart of the circular economy, and the company is uniquely positioned to benefit from the world’s accelerating shift toward recycled materials. Strengthened by emerging global regulations promoting resource efficiency the demand for high-quality recycling capacity continues to grow, and Lindemann’s best-in-class machinery and global service network provide a decisive competitive advantage.

Driving Growth and Innovation

Under Mimir’s ownership, Lindemann is advancing its product development roadmap, expanding its aftermarket and service capabilities, and investing in next-generation digital platforms to enhance machine performance and lifecycle efficiency. These initiatives will enable customers worldwide to achieve higher productivity, lower emissions, and improved material recovery rates.

Mimir’s Role

Mimir plays an active and hands-on role in Lindemann’s transformation — from executing a complex international carve-out to empowering the management team with strategic and operational autonomy. With targeted investments in innovation, service excellence, and digitalization Mimir is positioning Lindemann as the cornerstone in the global transition toward sustainable material use designed to continue defining the future of recycling technology.