Acquiring Company
Valmet Oyj
Acquired Company
FactoryPal
Description
Valmet has closed the agreement to acquire the majority shares in FactoryPal, a subsidiary of Körber. This acquisition further strengthens Valmet's offering of advanced Industrial Internet solutions and digital services, enhancing its ability to support customers in the tissue industry.
Quick answer
Valmet Oyj is acquiring FactoryPal, announced August 1, 2024. Valmet Oyj is based in Espoo, Uusimaa, Finland.
- How much did Valmet Oyj pay for FactoryPal?
- 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 FactoryPal based?
- Valmet Oyj is based in Espoo, Uusimaa, Finland. FactoryPal is based in Berlin, Berlin, 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.
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- An alert the day Valmet Oyj raises, hires an executive or expands, scored against what you sell
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Frequently asked
Who acquired FactoryPal?
FactoryPal was acquired by Valmet Oyj, based in Espoo. The deal was reported on August 1, 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 FactoryPal?
Valmet Oyj's acquisition of FactoryPal was reported on August 1, 2024. Valmet has closed the agreement to acquire the majority shares in FactoryPal, a subsidiary of Körber. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does FactoryPal do?
FactoryPal is a unique software developed to improve shopfloor manufacturing performance and productivity. It is privately held, operating in Manufacturing, and is based in Berlin.
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