Valmet completes acquisition of Process Gas Chromatography business from Siemens AG
Acquiring Company
Valmet Oyj
Acquired Company
Siemens
Espoo
MunichManufacturingEnergyOil And GasInformation TechnologyArtificial IntelligenceTransportationCyber SecurityMachine LearningLogisticsFleet ManagementmachineryDescription
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.
Quick answer
Valmet Oyj is acquiring Siemens, announced April 2, 2024. Valmet Oyj is based in Espoo, Uusimaa, Finland.
- How much did Valmet Oyj pay for Siemens?
- The deal value was not disclosed.
- What does Valmet Oyj do?
- Valmet Oyj is a leading global developer and supplier of process technologies, automation, and services for the pulp, paper, and energy industries.
- Where are Valmet Oyj and Siemens based?
- Valmet Oyj is based in Espoo, Uusimaa, Finland. Siemens is based in Munich, Bavaria, Germany.
- Who are the decision-makers at Valmet Oyj?
- Fundz holds 3 contacts at Valmet Oyj. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Energy and Oil And Gas
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- Valmet completes acquisition of Process Gas Chromatography & Integration business from Siemens AG (April 2, 2024)
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- Adani Global Ltd to acquire 49% stake in Adani Esyasoft Smart Solutions Ltd (April 16, 2024)
- Drilling Tools International Corp. finalizes acquisition of Superior Drilling Products, Inc. to expand product offerings and global presence (March 7, 2024)
- ONEOK, Inc. to acquire Easton Energy's Gulf Coast Liquids Pipeline System (May 13, 2024)
- ONEOK to Acquire Strategic Gulf Coast NGL Pipelines from Easton Energy for $280 million, $280M (May 13, 2024)
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Frequently asked
Who acquired Siemens?
Siemens was acquired by Valmet Oyj, based in Espoo. The deal was reported on April 2, 2024. Valmet Oyj is a leading global developer and supplier of process technologies, automation, and services for the pulp, paper, and energy industries. Valmet Oyj is privately held and operates in Manufacturing.
When did Valmet Oyj acquire Siemens?
Valmet Oyj's acquisition of Siemens was reported on April 2, 2024. Valmet has successfully completed the acquisition of the Process Gas Chromatography & Integration business from Siemens AG for approximately EUR 102.5 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Siemens do?
Visit Siemens, the technology company focused on industry, infrastructure, transport, and healthcare. It is privately held, operating in Information Technology, and is based in Munich.
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