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Valmet completes acquisition of Process Gas Chromatography business from Siemens AG

Apr 02, 2024over 1 year ago

Acquiring Company

Valmet

Acquired Company

Siemens

EspooMunichOil And GasEnergyManufacturingInformation Technology

Description

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 Information

Company

Valmet

Location

Espoo, Etelä-Suomi, Finland

About

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.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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