Valmet has completed the acquisition of the Process Gas Chromatography & Integration business from
The Process Gas Chromatography & Integration business of
The acquisition is in line with Valmet's strategy and will further strengthen Valmet's automation segment and process automation offering with process industry gas chromatograph and process analyzer systems offering. It also strengthens Valmet's Automation Systems business footprint in
"The acquisition was completed as planned and we are very happy to welcome the new colleagues as well as the former
"Today is a monumental milestone in our history, as the acquisition of our Gas Chromatography & Integration business by Valmet is now finalized. Valmet has demonstrated its commitment to our MAXUM II Gas Chromatograph technology, customers, and employees throughout this process, and we are confident that aligning with an organization that embraces our value will lead to sustained mutual success. On behalf of all our associates around the world, we are excited to begin this new journey as part of Valmet's Automation Systems business line," says
Details of the transaction
In FY2022, net sales of the business amounted to approximately
VALMET
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Valmet is a leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. With our automation systems and flow control solutions we serve an even wider base of process industries. Our more than 19,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.
The company has over 220 years of industrial history and a strong track record in continuous improvement and renewal. Valmet's net sales in 2023 were approximately
Valmet's shares are listed on the Nasdaq Helsinki and the head office is in
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