Toggle main navigation Section navigation Investors Valmet as an investment Acquisitions and disposals Acquisitions and disposals Valmet's most significant acquisitions and disposals are presented below. Year Business Country Size Value of the transaction 2021 Acquisition EWK Umwelttechnik GmbH Germany Annual revenue: EUR ~22 million Personnel: ~50 Not disclosed 2021 Acquisition ECP Group Finland Annual revenue: EUR ~6 million Personnel: ~20 Not disclosed 2020 Acquisition PMP Group Poland Annual revenue: EUR 70 million Personnel: ~ 650 The enterprise value of the acquisition is approximately EUR 64 million, plus a conditional and capped earn-out component. 2020 Share aquisition Neles Finland Annual revenue: EUR 660 million Personnel: ~ 2,900 29.5% ownership with a total balance sheet value of EUR 453 million on September 30, 2020 2019 Acquisition J&L Fiber Services Inc. United States Annual revenue: EUR ~ 30 million Personnel: ~ 100 Approximately EUR 51 million on a cash and debt free basis subject to ordinary post-closing adjustments. 2019 Acquisition GL&V United States Annual revenue: EUR 160 million Personnel: ~ 630 Approximately EUR 113 million on a cash and debt free basis subject to ordinary post-closing adjustments. 2018 Acquisition Enertechnix United States Annual revenue: - Personnel: ~20 Not disclosed 2015 Acquisition Tissue rewinder business from Massimiliano Corsini srl. Italy Annual revenue: EUR 10 million Personnel: 33 Not disclosed 2015 Acquisition Process Automation Systems business from Metso Finland Annual revenue: EUR 300 million Personnel: 1,600 Enterprise value: EUR 340 million 2014 Disposal MW Power Oy Small scale heating plant business and related services operations Finland, Russia Annual revenue: Around EUR 20 million Personnel: 72 Not disclosed 2014 Disposal MW Power AB Small scale heating plant business Sweden Annual revenue: EUR 7 million Personnel: 42 Not disclosed 2013 Acquisition EPT Engineering Design, detail engineering and value added services India Annual revenue: - Personnel: 90 Not disclosed 2013 Disposal Metso ND Engineering Manufacturing workshop South Africa Annual revenue: - Personnel: 250 Not disclosed 2013 Disposal Metso Husum AB Repair and maintenance services Sweden Annual revenue: EUR 1.5 million Personnel: 12 Not disclosed 2011 Acquisition Fabco Inc. Manufacturing filtration components for paper and pulp industry United States Annual revenue: - Personnel: 20 Less than EUR 2 million 2010 Acquisition Wyesco of Louisiana L.L.C. Maintenance business United States Annual revenue: - Personnel: 30 EUR 3 million 2009 Disposal Metso Paper Turku Works Oy Air systems for the pulp and paper industry Finland Annual revenue: - Personnel: 91 Not disclosed 2009 Acquisition Tamfelt Fabrics Finland Annual revenue: EUR 165 million Personnel: 1,350 EUR 215 million 2008 Disposal Metso Foundries Karlstad AB Foundry Sweden Annual revenue: EUR 20 million Personnel: 120 EUR 15 million 2008 Acquisition Mitsubishi Heavy Industries' Paper machinery technology Japan Annual revenue: - Personnel: - Not disclosed 2008 Acquisition LignoBoost Lignin technology Sweden Annual revenue: - Personnel:- Not disclosed 2007 Acquisition Bender Mill and roll maintenance England Annual revenue: Approximately EUR 24 million Personnel: 97 EUR 16 million, net of cash acquired 2007 Acquisition Mecanique Depannage Industriels Maintenance services for paper industry France Annual revenue: - Personnel:30 Less than EUR 1 million 2006 Acquisition Aker Kvaerner's Pulping and Power businesses Sweden Annual revenue: EUR 600 million Personnel: 2,100 About EUR 335 million 2006 Acquisition Shanghai-Chenming Paper Machinery Co. Ltd A workshop, a foundry and a design department China Annual revenue: EUR 13 million Personnel: 630 EUR 35 million 2002 Acquisition Scandinavian Mill Service Paper industry service and maintenance operations Finland Annual revenue: EUR 5.3 million Personnel: 140 Not disclosed Updated; Aug 5, 2020 Pulp Complete pulp mills Chemical pulping Wood handling Cooking and fiber line Pulp drying and baling Chemical recovery Air emission control New value-adding processes Dissolving pulping Mechanical pulping Recycled fiber Automation for pulp Services for pulp Fiber Technology Center Pulp references Pulp news and stories Board and paper Recycled fiber Stock preparation Board and paper machines Services for board and paper Automation for board and paper Industrial Internet Service Centers References Board and paper news and stories Search for products & services Tissue Complete tissue mills solutions Machine sections and rebuilds Development and pilot trials Services for tissue producers Automation for tissue References Industrial Internet Tissue Talks Insight Sustainability Learning services Tissue News Tissue Talks Contact Tissue Local websites 中文 - Chinese Suomi - Finnish Français - French 日本語 - Japanese Português - Portuguese Pусский - Russian Español - Spanish Svenska - Swedish ไทย - Thai Australia & New Zealand North America Deutsch - German Energy Energy solutions BFB Boiler CFB Boiler Gasifier Power plants Heating plants Air emission control Industrial Internet solutions Services for energy Automation for energy Technology development Energy news and stories More industries Alternative fuels Biofuels and biomaterials Chemical industry Fiberboard Filtration Food industry Laundry industry Marine Minerals and metals Nonwovens Oil and gas Wastewater Paper converting Pharmaceutical industry Petrochemical industry Automation Distributed control system Industrial applications Quality management Analyzers and measurements Condition monitoring Industrial Internet Automation projects Automation services About Us Valmet in brief Contact us Strategy Management Code of Conduct Careers Research and development Procurement Valmet's value creation Translate Valmet product names Industrial Internet Valmet Customer Portal Learning Services Service centers References Investors Valmet as an investment Reports and presentations Sustainability for investors Valmet share Shareholders Governance Financial information Events and calendar Investor relations Sustainability Sustainability at Valmet Sustainable supply chain Health, safety and environment People and performance Sustainable solutions Corporate citizenship Climate program Circular economy Sustainability reporting Media News Articles Customer magazine Blogs Podcasts Newsletters Social media Events calendar Media contacts Image gallery Video gallery Downloads Services Services for board and paper production Services for pulp production Services for tissue making Services for energy FOLLOW US Sitemap About this site Legal notice Trademarks Privacy notice Cookie preferences Contact us Social media © 2021 Valmet We use cookies and 3rd party solutions to optimize site functionality and give you the best possible experience while browsing our site. 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