Duyuru • Jun 12
Valmet Oyj Launches 3D Fiber Technology for High-Capacity Molded Fiber Production Valmet Oyj expanded its offering to the growing molded fiber market with the launch of Valmet 3D Fiber technology. The solution enables high-capacity, fast production of high-quality, three-dimensional fiber-based packaging, offering packaging producers a competitive end-to-end solution to meet the increasing demand for sustainable alternatives to plastic. Valmet 3D Fiber technology and its end products offer Valmet's customers wider market opportunities than traditional wet molded fiber packaging technology. The technology enables the production of lightweight yet rigid end products, such as trays, plates, and food packaging applications by using cellulose fibers. In addition, the process design allows efficient circulation of side streams and trim waste within the production, further improving overall process efficiency and supporting circular economy. The strength of Valmet 3D Fiber lies in combining unique fiber layering technology, production capacity, and automation. The launch strengthens Valmet's strategic focus on continuous innovation together with customers and supports its ambition to lead the way towards circularity through solutions that promote renewable materials and resource efficiency. The development of Valmet 3D Fiber technology is based on long-term collaboration with Metsä Group's innovation company, Metsä Spring. Since 2020, Valmet and Metsä Spring have been cooperating to develop a novel production concept that converts wood-based fibers into sustainable packaging solutions. Duyuru • May 23
Valmet Concludes Change Negotiations in Sweden, Poland and Finland Valmet has concluded change negotiations initiated earlier in 2026 concerning its Global Supply unit's manufacturing footprint adjustments in Sweden and Poland as well as temporary layoff plans in Finland. The negotiations related to the manufacturing footprint in Sweden and Poland were initiated in March 2026 to support the long-term competitiveness of Valmet's Biomaterial Solutions and Services segment and to improve the efficiency of its global manufacturing network. As a result of the negotiations, Valmet will implement changes to its operations in Sweden and Poland, including the closure of the manufacturing site in Sundsvall, Sweden, and adjustments in Gothenburg, Sweden, and Jelenia Góra, Poland. The measures will affect approximately 350 roles in Sweden and Poland in total. Separately, Valmet has concluded change negotiations initiated in April 2026 in Finland regarding temporary layoffs. The measures were planned to safeguard profitability and competitiveness by adapting capacity to the lower-than-anticipated workload. As a result of the negotiations in Finland, temporary layoffs of approximately 2,400 employees will be implemented from June 2026 until the end of December 2026. The layoffs are expected to be temporary with a maximum duration of 90 days and will be implemented depending on the workload situation. Valmet is committed to working closely with its employees and their representatives and to providing support to affected employees during the implementation of the changes. Duyuru • Apr 29
Valmet Starts Change Negotiations Regarding Temporary Layoffs in Finland Valmet started change negotiations in Finland in accordance with the Finnish Co-operation Act on May 4, 2026. The plan under negotiations may include temporary layoffs of less than 90 days. The planned measures relate to parts of Valmet's Packaging and Paper; and Pulp, Energy and Circularity business areas, as well as certain functions and the Global Supply unit. The potential temporary layoffs would be implemented from June 2026 until the end of December 2026. The planned actions aim to safeguard profitability and competitiveness by adapting capacity to the lower-than-anticipated workload, which is partly due to customer-driven project delays, continued weak demand in paper and board machine markets, and continued softness in biomaterials services markets. The planned measures are temporary in nature and are expected to generate cost savings of approximately EUR 8 million in 2026. The change negotiations cover a total of approximately 2,400 employees from all employee groups in the previously mentioned organizations in various Valmet locations in Finland. The final scope, timing and implementation of any measures will be specified during the negotiations. Valmet has approximately 18,500 employees worldwide, of whom around 5,900 in Finland. Duyuru • Mar 30
Valmet Oyj Announces Departure of Chief Financial Officer Katri Hokkanen, Effective End of September 2026 Valmet Oyj announced that Chief Financial Officer Katri Hokkanen has decided to leave the company to pursue an opportunity outside of Valmet. She will continue in her current position to lead Finance and be an active member of Valmet's Executive Leadership team until the end of September 2026 to ensure an orderly and seamless transition. Katri Hokkanen has been with Valmet for nearly twenty years and has served as Chief Financial Officer for almost four years. During her long tenure, she has held several financial leadership roles and has been instrumental in developing Valmet's financial management, governance, and performance. The recruitment process for a new CFO will be initiated immediately. Duyuru • Mar 23
Valmet Plans Closure Of Sundsvall Manufacturing Site And Reduces Up To 170 Jobs, Proposes Changes Affecting Up To 55 Jobs In Gothenburg And Up To 130 Jobs In Jelenia Góra Valmet had planned changes to its manufacturing in Sweden and Poland and had initiated change negotiations in its Global Supply unit concerning the planned closure of manufacturing at its Sundsvall site in Sweden. In addition, Valmet started negotiations about proposed changes to its Global Supply unit's operations in Gothenburg, Sweden, and Jelenia Góra, Poland. The purpose of the planned changes was to support Valmet's long-term competitiveness of its Biomaterial Solutions and Services segment and the efficiency of its global manufacturing network, in line with the company's Lead the Way strategy. As uncertainty in the global economy remained high and continued to impact customers' decision making, the company planned to assess actions that would enable it to adapt to the market situation. These plans concerned at maximum 170 roles in Sundsvall, at maximum 55 roles in Gothenburg and at maximum 130 roles in Jelenia Góra. Valmet drove global competitiveness through its Global Supply unit and targeted EUR 100 million in cost efficiencies from procurement, logistics and the optimization of production by 2030. The planned actions in Sweden and Poland represented main footprint-related measures currently identified in the Global Supply unit. As a result of these planned changes, Valmet estimated the potential annual run-rate net cost savings would be approximately EUR 20 million, with full run-rate achieved by early 2027. The planned closure of the manufacturing in Sundsvall and proposed changes in Gothenburg and Jelenia Góra would be discussed with employee representatives in both countries according to local legislation and practices. Valmet was committed to working closely with its employees and their representatives to ensure a smooth negotiation process and would provide support to employees throughout the planned change. Valmet was also focused on ensuring uninterrupted deliveries and project execution to the customers. Duyuru • Dec 23
Valmet Oyj (HLSE:VALMT) agreed to acquire Severn Glocon Group plc from Blue Water Energy LLP in a transaction valued at $480 million. Valmet Oyj (HLSE:VALMT) agreed to acquire Severn Glocon Group plc from Blue Water Energy LLP Blue Water Energy Fund II, L.P. in a transaction valued at $480 million on December 22, 2025. Valmet has entered into a committed financing arrangement with Danske Bank A/S and OP Corporate Bank to secure the funding for the acquisition.
For the period ending December 31, 2024, Severn Glocon Group plc reported total revenue of $222.59 million.
The acquisition is estimated to be completed during the second quarter of 2026, subject to customary closing conditions.
Richard Jones, Colin Harley, Nicola Chapman, Nicholas Greenacre, Marc Israel, James Johnson, Dan Reavill, Tim Hickman, Jonah Anderson, Jess Kemp, Sasha Belinkie, Caitlin Powell Gimpel, Kate Kelliher of White & Case LLP acted as legal advisor for Contour Holdings International Limited. Duyuru • Nov 07
Valmet Plans Temporary Layoffs in the Packaging and Paper Business Area and Global Supply Unit, Affecting over 950 Employees Valmet announced that it will start change negotiations in accordance with the Finnish Co-operation Act on November 10, 2025, concerning temporary layoffs in parts of its operations in Finland. The planned measures aim to adjust capacity and improve cost efficiency of the Packaging and Paper business area and the Global Supply unit. These organizations have already implemented similar measures earlier this year and last year to adapt to the changed market situation. The change negotiations will concern employees in the Packaging and Paper Machines business unit within the Packaging and Paper business area, as well as personnel in the P&P Manufacturing unit's machine workshop and foundry in Jyväskylä, which are part of the Global Supply unit. The negotiations will cover all employee groups in these units in Finland. In total, the negotiations will concern more than 950 employees, the majority of whom are located in Jyväskylä, Tikkurila in Vantaa, and Raisio in Finland. The planned layoffs would be temporary, and the scope and timing of the layoffs will be specified during the negotiations. The layoffs are planned to be implemented during the first half of 2026. Duyuru • Oct 30
Valmet Oyj Reiterates Earnings Guidance for the Full Year 2025 Valmet reiterates earnings guidance for the full year 2025. For the year, the company estimates that net sales will remain at the previous year's level in comparison with 2024 (EUR 5,359 million). Duyuru • Sep 25
Valmet Confirms the Second Instalment of the Dividend for the 2024 Financial Year, Payable on October 7, 2025 Valmet's Board of Directors has confirmed that the second instalment of the dividend for the 2024 financial year, EUR 0.67 per share, will be paid on October 7, 2025. The dividend will be paid to shareholders who are registered in Valmet's shareholders' register held by Euroclear Finland Oy on the dividend record date, which is September 29, 2025. As decided by Valmet's AGM 2025, Valmet is paying a total dividend of EUR 1.35 per share for 2024 in two instalments. The first instalment of EUR 0.68 per share was paid on April 8, 2025. Valmet's dividend policy is to pay out at least 50% of the profit for the period as dividend. The dividend payout ratio for 2024 is 89%. Duyuru • Jul 25
Valmet Oyj Appoints Jon Jested-Rask as Executive Vice President, Effective August 1, 2025 Valmet Oyj announced Jon Jested-Rask (M.Sc. in Economics and Business Administration) has been appointed Executive Vice President, Tissue Business Area at Valmet, effective August 1, 2025. In this position he will report to the President and CEO Thomas Hinnerskov and is a member of Valmet's Executive Leadership Team. Jon Jested-Rask brings over 20 years of international experience and has held several senior management positions. He joins Valmet from FLSmidth, where he served as Senior Vice President, Commercial Operations & Business Development. Prior to that, he held various leadership positions at Neles, Metso and Kemotron A/S. Duyuru • Jul 23
Valmet Oyj Re-Iterates Earnings Guidance for the Full Year 2025 Valmet Oyj re-iterated earnings guidance for the full year 2025. For the year, the company estimates that net sales in 2025 will remain at the previous year's level in comparison with 2024 (EUR 5,359 million). Duyuru • Jun 06
Valmet Changes Financial Reporting Structure Aligned with New Strategy and Provides Comparative Segment Information for 2024 and January-March 2025 Valmet changes its financial reporting structure to reflect its new strategy, which was published today, and the new operating model announced on March 31, 2025. The new operating model and reporting structure will take effect on July 1, 2025.
In the new financial reporting structure, Valmet consists of two reportable segments: Biomaterial Solutions and Services, and Process Performance Solutions. Biomaterial Solutions and Services segment provides technology solutions and services throughout the lifecycle for its customers who operate mainly in pulp, paper and energy industries. Process Performance Solutions segment delivers flow control technologies as well as automation solutions ranging from single measurements to mill- or plant-wide process automation systems, along with the associated services. It has a diversified portfolio of customer industries globally. The two segments are comprised of business areas as follows: Biomaterial Solutions and Services segment consists of three business areas: Pulp, Energy and Circularity; Packaging and Paper and Tissue. Process Performance Solutions segment consists of two business areas: Flow Control; Automation Solutions. The business areas Pulp, Energy and Circularity; Packaging and Paper; and Tissue combine Valmet’s technology and service businesses for their respective customer industries. Each business area integrates technology deliveries and lifecycle services to strengthen customer proximity, lifecycle focus, and value creation with industry-specific offerings. For both reportable segments, Valmet will report orders received, net sales and profitability (EBITA and comparable EBITA), as well as amortization and items affecting comparability. Valmet will also report services orders received and net sales for the Biomaterial Solutions and Services segment to maintain visibility to this strategically important part of the business. For each business area, Valmet will report orders received, net sales and personnel.
Valmet will continue to report orders received, net sales and personnel for the five geographical areas: North America, Latin America (previously South America), EMEA, China and Asia-Pacific. The new reporting structure is aligned with the way Valmet management follows the operational performance of Valmet’s businesses. Valmet will change its financial reporting structure to correspond to the new operating model in its January–September 2025 Interim Review. To provide a basis for comparison, the following tables show financial information with the new reporting structure on an unaudited basis for all four quarters and full year 2024, as well as first quarter of 2025. As additional information Valmet plans to publish the corresponding financial information for the first six months of 2025 and for the second quarter 2025 in its Half Year Financial Review 2025. Duyuru • Jun 05
Valmet Oyj Provides Financial Targets for the Year 2030 and Reiterates Earnings Guidance for 2025 Valmet Oyj provided financial targets for the year 2030 and reiterates earnings guidance for 2025. For the year 2025, the company reiterated and estimates that net sales in 2025 will remain at the previous year's level in comparison with 2024 (EUR 5,359 million).
For the year 2030, Organic net sales growth (CAGR) over the cycle of 5% (previously: over two times the market growth or exceed market growth). Duyuru • May 22
Valmet Oyj Announces Rolls Reductions in Finland and Sweden Valmet Oyj will renew its operating model to better serve customers with a lifecycle approach, and to increase efficiency in its operations. This change of operating model is part of Valmet's current work to renew its strategy. The operating model is effective as of July 1, 2025. The change negotiations related to the operating model change have now been finalized in Finland and Sweden, and as a result, 325 roles will be reduced in Finland and 108 roles in Sweden. These reductions will only impact white-collar roles. The change negotiations continue in other countries and the people affected will be known later. Separately from the recently concluded negotiations, Valmet will initiate new change negotiations in Finland within the Paper business line's Board and Paper Mills business unit concerning temporary layoffs of less than 90 days, affecting approximately 1,100 employees due to a decrease in workload and the need to improve profitability. Duyuru • Apr 25
Valmet Oyj Reiterates Earnings Guidance for the Year 2025 Valmet Oyj reiterated earnings guidance for the year 2025. For the year, company reiterated its guidance issued on February 13, 2025, in which Valmet estimates that net sales will remain at the previous year's level in comparison with 2024 (EUR 5,359 million) and Comparable EBITA in 2025 will remain at the previous year's level in comparison with 2024 (EUR 609 million). Duyuru • Mar 26
Valmet Oyj Proposes Dividend for the Financial Year Ended December 31, 2024, Payable on April 8, 2025, and October 7, 2025 The Board of Directors of Valmet Oyj proposed to the Annual General Meeting Meeting decided to pay a dividend of EUR 1.35 per share for the financial year which ended on December 31, 2024. The dividend will be paid in two instalments. The first instalment of EUR 0.68 per share will be paid to shareholders who on the dividend record date March 28, 2025, are registered in the Company's shareholders' register held by Euroclear Finland Oy. The dividend will be paid on April 8, 2025. The second instalment of EUR 0.67 per share will be paid in October 2025. The second instalment will be paid to shareholders who on the dividend record date are registered in the Company's shareholders' register held by Euroclear Finland Oy. The dividend record date and payment date will be resolved by the Board of Directors in its meeting preliminarily scheduled for September 25, 2025. The dividend record date for the second instalment would then be September 29, 2025, and the dividend payment date October 7, 2025. Duyuru • Feb 15
Valmet Oyj Provides Earnings Guidance for the Year 2025 Valmet Oyj provided earnings guidance for the year 2025. For the year, the company estimated that net sales in 2025 will remain at the previous year's level in comparison with 2024 (EUR 5,359 million). Duyuru • Jan 28
Valmet Oyj Announces That Per Lindberg Has Informed the Nomination Board of His Intention to Retire from the Board of Directors Valmet Oyj announced that Per Lindberg has informed the Nomination Board of his intention to retire from the Board of Directors. Per Lindberg has served as a member of the Board of Directors since 2021. Duyuru • Dec 16
Valmet Announces Management Changes Anu Salonsaari-Posti, SVP Marketing, Communications, Sustainability and Corporate Relations and a member of Valmet's Executive Team since 2013, leaves Valmet and continues her career outside the company. Her last day at Valmet will be December 31, 2024. Anu Pires, SVP HR, will act as interim Head of Marketing, Communications, Sustainability and Corporate Relations as of January 1, 2025. Duyuru • Nov 21
Valmet Announces Retirement of Jukka Tiitinen as Area President, North America, Effective December 31, 2024 Jukka Tiitinen, Area President, North America, has decided to retire after a long and successful career at Valmet. Jukka Tiitinen will step down from his role on 31 December 2024 and do the handover to an interim Head of North America in January 2025. Jukka is a home-grown Valmeteer with vast experience from many different organizations and cultures, and he has been a trusted member of Valmet's Executive Team since 2013. The search for Jukka Tiitinen's successor as Area President, North America, will commence in 2025. Duyuru • Oct 11
Valmet Oyj Reaffirms Earnings Guidance for the Year 2024 Valmet Oyj reaffirmed earnings guidance for the year 2024. For the year, the company estimated net sales in 2024 will remain at the previous year's level in comparison with 2023 (EUR 5,532 million). Duyuru • Sep 04
Valmet Oyj, Annual General Meeting, Mar 26, 2025 Valmet Oyj, Annual General Meeting, Mar 26, 2025. Duyuru • Aug 02
Valmet Oyj (HLSE:VALMT) completed the acquisition of an unknown majority stake in Factorypal GmbH from Körber Ag. Valmet Oyj (HLSE:VALMT) entered into an agreement to acquire an unknown majority stake in Factorypal GmbH from Körber Ag on May 29, 2024. FactoryPal will continue operating as an own legal entity under the existing FactoryPal brand.
Valmet Oyj (HLSE:VALMT) completed the acquisition of an unknown majority stake in Factorypal GmbH from Körber Ag on August 1, 2024. Duyuru • Jul 04
Valmet Oyj Announces Appointment of Nomination Board Valmet Oyj's Annual General Meeting's decision, Valmet's Nomination Board consists of the representatives of Valmet's four largest shareholders as of July 1, and the Chair of the board of directors as an expert member. Based on the shareholder register of Euroclear on July 1, 2024, Valmet Oyj's largest shareholders represented in the Nomination Board are Oras Invest Oy, Solidium Oy, Varma Mutual Pension Insurance Company and Ilmarinen Mutual Pension Insurance Company. The following persons have been nominated as their representatives to Valmet's Nomination Board: Jari Paasikivi, Chair of the Board of Directors, Oras Invest Oy (10.40% of share capital and votes); Reima Rytsölä, CEO, Solidium Oy (10.10% of share capital and votes); Markus Aho, Chief Investment Officer, Varma Mutual Pension Insurance Company (3.98% of share capital and votes); Mikko Mursula, Deputy CEO, CIO, Ilmarinen Mutual Pension Insurance Company (3.74% of share capital and votes). Mikael Mäkinen, Chair of Valmet's Board of Directors, will serve as the Nomination Board's expert member. The Nomination Board is to prepare proposals on the composition and members of the Board of Directors and their remuneration for the next Annual General Meeting, which is planned to be held on March 26, 2025. Duyuru • Jun 08
Valmet Oyj Announces Executive Changes Valmet has named Thomas Hinnerskov as its new president and CEO, effective August 12, 2024. Hinnerskov succeeds Pasi Laine, who will continue as Valmet's president and CEO until August 11, 2024. Duyuru • Apr 09
Valmet Oyj Reaches Significant Milestone for Automation Systems Business by Launching Valmet DNAe, the Next Generation Distributed Control System Valmet Oyj is taking process automation further by introducing the next-generation distributed control system (DCS), the Valmet DNAe. The fully web-based process control system comes with a new cybersecure system architecture, control software and hardware, engineering and analytics tools, helping customers improve efficiency, productivity, sustainability and safety of their operations. The launch is a major step in the company's roadmap for growing its automation business further and in bringing unrivalled future-proof automation solutions to a wide base of process industries globally. With this new system, the company will have an excellent opportunity to continue expanding the footprint of its automation systems business worldwide. Designed to support the work of all process automation user groups: Valmet DNAe is developed with a design philosophy to empower people to perform and collaborate better across the organization. The system provides a common user interface for controls, analytics, configuration, and maintenance. Intuitive workflows simplify operations and enable users to manage larger process areas with less effort. Advanced analytics tools enable turning real-time and historical data into actionable insights. Additionally, the new web-based configuration environment provides a unified environment for all engineering needs from office to field, enhancing flexibility in configuration and maintenance tasks. These features are designed to increase the operational efficiency of customers. Valmet DNAe has been engineered for demanding process control, emphasizing performance and availability. The system empowers users to seamlessly run industrial applications on-premise, at the edge server, or in the cloud. It features a scalable redundant data platform, granting easy and controlled access to all data. The system architecture is cybersecure by design, with role-based access control, authentication, audit trail and encryption mechanisms for proactive prevention of cyber threats. With smooth OT/IT (Operational technology /Information technology) connectivity through secure communication interfaces with external systems, Valmet DNAe establishes a robust base for advancing digitalization and autonomous operations. In alignment with Valmet's lifetime systems compatibility promise, a leading principle in Valmet DNAe's development has been to make it easy for Valmet's existing process automation customers to benefit from the latest technology. The new Valmet DNAe Distributed Control System shares its web-based user interface, analytics tools, and common hardware with the previous generation of Valmet DNAe. Additionally, Valmet also introduces a new modular controller and a single-channel I/O as new hardware options for Valmet DNAe. Duyuru • Jan 12
Valmet Oyj Appoints Janne Pynnönen as Senior Vice President, Operational Development Janne Pynnönen (M.Sc. Eng.) has been appointed Senior Vice President, Operational Development at Valmet as of February 1, 2024. He will be the member of Valmet's Executive Team and report to President and CEO Pasi Laine. Janne Pynnönen began his career at Valmet in 2020, and he is currently holding the position of Vice President, R&D. Before joining Valmet, he worked in versatile business management and development roles and in R&D in Stora Enso since 2003. Janne Pynnönen succeeds Julia Macharey, who is leaving Valmet at the end of January, as announced in August 2023. Duyuru • Dec 02
Valmet Corporation Announces Eriikka Söderström and Aaro Cantell Not Be Available in Election of Board of Directors and Announces Nomination Board Appointments Valmet Corporation announced Eriikka Söderström, member of the Board of Directors, and Aaro Cantell, member of the Board of Directors, have informed Valmet's Nomination Board that they will not be available in the election of the Board of Directors in the next Annual General Meeting. Eriikka Söderström has served as a member of Valmet's Board of Directors since 2017. Aaro Cantell has served as a member of Valmet's Board of Directors since 2016. The Nomination Board: Reima Rytsölä (CEO, Solidium Oy) acted as the Chair of the Nomination Board. The other members of the Nomination Board were Jari Paasikivi (Chairman of the Board of Directors, Oras Invest Oy), Mikko Mursula (Deputy CEO, Investments, Ilmarinen Mutual Pension Insurance Company) and Markus Aho (Chief Investment Officer, Varma Mutual Pension Insurance Company). Mikael Mäkinen, Chairman of Valmet's Board of Directors, served as the Nomination Board’s expert member. Duyuru • Nov 04
Valmet Oyj (HLSE : VALMT) acquired Körber Tissue from Körber AG for €380 million. Valmet Oyj (HLSE : VALMT) agreed to acquire Körber Tissue from Körber AG for €380 million on a cash and debt free basis on July 7, 2023 The financing package for the acquisition consists of two facilities underwritten and committed by Danske Bank A/S and Nordea Bank Abp. The acquisition is estimated to be completed at the earliest on November 2, 2023, subject to competition authority approvals. For the year ended 2022, Körber had net sales of €305 million.
Valmet Oyj (HLSE : VALMT) completed the acquisition of Körber Tissue from Körber AG on November 2, 2023. Duyuru • Oct 26
Valmet Corporation Reiterates Earnings Guidance for the Year 2023 Valmet Corporation reiterated its guidance issued on February 2, 2023, in which Valmet estimates that net sales in 2023 will increase in comparison with 2022 (EUR 5,074 million). Duyuru • Aug 23
Valmet Announces Reisgnation of Julia Macharey, Senior Vice President Human Resources and Operational Development Valmet announced that Julia Macharey, Senior Vice President Human Resources and Operational Development of Valmet has decided to leave the company to move into a new position outside Valmet. Julia Macharey will continue as an active member of Valmet's Executive Team and lead Valmet's HR and Operational Development until the end of January 2024. The recruitment processes for a new head of HR and a new head of Operational Development will commence the soonest. Duyuru • Jul 27
Valmet Corporation Provides Earnings Guidance for the Year 2023 Valmet Corporation provided earnings guidance for the year 2023. For the year, the company expects net sales will increase in comparison with 2022 (EUR 5,074 million). Duyuru • Jul 12
Valmet Oyj, Annual General Meeting, Mar 21, 2024 Valmet Oyj, Annual General Meeting, Mar 21, 2024. Duyuru • Jul 08
Valmet Oyj (HLSE : VALMT) agreed to acquire Körber Tissue from Körber AG for €380 million Valmet Oyj (HLSE : VALMT) agreed to acquire Körber Tissue from Körber AG for €380 million on a cash and debt free basis on July 7, 2023 The financing package for the acquisition consists of two facilities underwritten and committed by Danske Bank A/S and Nordea Bank Abp. The acquisition is estimated to be completed at the earliest on November 2, 2023, subject to competition authority approvals. For the year ended 2022, Körber had net sales of €305 million. Duyuru • Feb 15
Valmet Oyj Announces Resignation of Vesa Simola as Area President, EMEA Valmet Oyja announced that Vesa Simola, Area President, EMEA (Europe, Middle East, Africa) at Valmet, has decided to continue his career outside the company. Vesa Simola will continue to be an active member of Valmet's Executive Team and lead the company's EMEA Area until his successor is chosen. Duyuru • Jan 04
Valmet Oyj (HLSE:VALMT) completed the acquisition of Process Solutions Business of NovaTech, LLC Valmet Oyj (HLSE:VALMT) entered into an agreement to acquire NovaTech Automation's Process Solutions Business from NovaTech, LLC on November 9, 2022. The Process Solutions business has a turnover of approximately $18 million and employs more than 90 people in the United States and the Benelux countries. The NovaTech Automation Process Solutions business will transition to Valmet, including employees, technologies and customer agreement. The acquired business will be integrated to Valmet's Automation Systems business line. The acquisition is estimated to be completed on January 1st, 2023 at the earliest. Valmet Oyj (HLSE:VALMT) completed the acquisition of Process Solutions Business of NovaTech, LLC on January 3, 2023. Duyuru • Jul 05
Valmet Oyj, Annual General Meeting, Mar 22, 2023 Valmet Oyj, Annual General Meeting, Mar 22, 2023. 
