M&A
Valmet's most significant acquisitions and disposals are presented below.
|
Year
|
Business
|
Country
|
Size
|
Value of the transaction
|
|
2023 Acquisition |
Brazil |
Annual net sales: Personnel: |
Not disclosed | |
|
2023 Acquisition |
Germany |
Net sales (2022): Personnel: |
The enterprise value of the acquisition is EUR 102.5 million on a cash and debt free basis subject to customary adjustments. | |
|
2023 Acquisition |
Italy |
Net sales (2022): Personnel: |
The enterprise value of the acquisition is approximately EUR 380 million on a cash and debt free basis subject to ordinary post-closing adjustments. | |
|
2023 Acquisition |
United States |
Annual net sales: USD ~18 million |
Not disclosed | |
|
2022 Merger |
Finland |
Net sales (2021): Personnel (2021): |
||
|
2022 |
North America |
Annual net sales: Personnel:
|
Not disclosed | |
|
2021 |
Germany |
Annual net sales: Personnel: |
Not disclosed | |
|
2021 |
Finland |
Annual net sales: Personnel: |
Not disclosed | |
|
2020 |
Poland |
Annual net sales: Personnel:
|
The enterprise value of the acquisition is approximately EUR 64 million, plus a conditional and capped earn-out component. | |
|
2020 Share aquisition |
Finland |
Annual net sales: Personnel: |
29.5% ownership with a total balance sheet value of EUR 453 million on September 30, 2020 | |
|
2019 Acquisition |
United States |
Annual net sales: EUR ~ 30 million Personnel: ~ 100 |
Approximately EUR 51 million on a cash and debt free basis subject to ordinary post-closing adjustments. | |
|
2019 Acquisition |
United States |
Annual net sales: Personnel: |
Approximately EUR 113 million on a cash and debt free basis subject to ordinary post-closing adjustments. | |
|
2018 Acquisition |
United States |
Annual net sales: Personnel: |
Not disclosed | |
|
2015 Acquisition |
from Massimiliano Corsini srl. |
Italy |
Annual net sales: Personnel: |
Not disclosed |
|
2015 Acquisition |
Process Automation Systems business from Metso |
Finland |
Annual net sales: Personnel: |
Enterprise value: EUR 340 million |
|
2014 Disposal |
MW Power Oy Small scale heating plant business and related services operations |
Finland, Russia |
Annual net sales: Personnel: |
Not disclosed |
|
2014 Disposal |
MW Power AB Small scale heating plant business |
Sweden |
Annual net sales: Personnel: 42 |
Not disclosed |
|
2013 Acquisition |
EPT Engineering Design, detail engineering and value added services |
India |
Annual net sales: Personnel: |
Not disclosed |
|
2013 Disposal |
Manufacturing workshop |
South Africa |
Annual net sales: Personnel: |
Not disclosed |
|
2013 Disposal |
Metso Husum AB Repair and maintenance services |
Sweden |
Annual net sales: Personnel: |
Not disclosed |
|
2011 Acquisition |
Fabco Inc. Manufacturing filtration components for paper and pulp industry |
United States |
Annual net sales: Personnel: |
Less than EUR 2 million |
|
2010 Acquisition |
Wyesco of Louisiana L.L.C. Maintenance business |
United States |
Annual net sales: Personnel: |
EUR 3 million |
|
2009 Disposal |
Metso Paper Turku Works Oy Air systems for the pulp and paper industry |
Finland |
Annual net sales: Personnel: |
Not disclosed |
|
2009 Acquisition |
Tamfelt Fabrics |
Finland |
Annual net sales: EUR 165 million Personnel: 1,350 |
EUR 215 million |
|
2008 Disposal |
Metso Foundries Karlstad AB Foundry |
Sweden |
Annual net sales: Personnel: |
EUR 15 million |
|
2008 Acquisition |
Mitsubishi Heavy Industries' Paper machinery technology |
Japan |
Annual net sales: Personnel: |
Not disclosed |
|
2008 Acquisition |
LignoBoost Lignin technology |
Sweden |
Annual net sales: Personnel: |
Not disclosed |
|
2007 Acquisition |
Bender Mill and roll maintenance |
England |
Annual net sales: Approximately EUR 24 million Personnel: |
EUR 16 million, net of cash acquired |
|
2007 Acquisition |
Mecanique Depannage Industriels Maintenance services for paper industry |
France |
Annual net sales: Personnel: |
Less than EUR 1 million |
|
2006 Acquisition |
Aker Kvaerner's Pulping and Power businesses |
Sweden |
Annual net sales: Personnel: |
About EUR 335 million |
|
2006 Acquisition |
Shanghai-Chenming Paper Machinery Co. Ltd A workshop, a foundry and a design department |
China |
Annual net sales: Personnel: |
EUR 35 million |
|
2002 Acquisition |
Scandinavian Mill Service Paper industry service and maintenance operations |
Finland |
Annual net sales: Personnel: |
Not disclosed |
