Valmet strengthens its business by acquiring PMP Group, a provider of technologies and services for the paper industry
(WorldNews Finland)

Valmet Oyj`s press release on September 11, 2020 at 3:30 p.m. EET Valmet has on September 11, 2020 entered into an agreement to acquire PMP Group in Poland. The enterprise value of the acquisition is approximately EUR 64 million, plus a conditional and capped earn-out component. The acquisition is estimated to be completed on October 1, 2020 at the earliest. PMP Group supplies process technologies and services for tissue, board and paper machines globally, focusing on small and medium-sized tissue machines and board and paper machine rebuilds. The net sales of the company were approximately EUR 70...