Valmet completes acquisition of Process Gas Chromatography business from Siemens AG
04/02/24, 12:24 PM
Location
espoo
munichIndustry
oil and gas
energy
manufacturing
information technology
Valmet has successfully completed the acquisition of the Process Gas Chromatography & Integration business from Siemens AG for approximately EUR 102.5 million. This strategic acquisition will further strengthen Valmet's automation segment and process automation offering, providing enhanced support to customers in chemicals, liquefied natural gas, refining, and biofuels industries worldwide.
Company Info
Location
Espoo, Etelä-Suomi, Finland
Company info
Valmet Oyj is a leading global developer and supplier of process technologies, automation, and services for the pulp, paper, and energy industries. With over 220 years of industrial history, Valmet has a strong track record in continuous improvement and renewal. The company's net sales in 2023 were approximately EUR 5.5 billion.