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Valmet to acquire Tieto's MES business

PRIVATEOct 27, 2026

Acquiring Company

Valmet Oyj

Acquired Company

Tietoevry

EspooManufacturingEnergyOil And Gas

Description

Valmet Oyj has agreed to acquire the manufacturing execution system business from Tieto, including the AI-enabled TIPS MES and an Order to Cash solution for the pulp, paper and fibre industry. The business is installed at about 300 pulp and paper sites worldwide and has annual revenues of approximately EUR 32 million. The acquisition will be part of Valmet's Process Performance Solutions segment and is expected to complete in the second quarter of 2027, subject to customary closing conditions.

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Company Information

Company

Valmet Oyj

Location

Espoo, Uusimaa, 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.

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Frequently asked

Who acquired Tietoevry?

Tietoevry was acquired by Valmet Oyj, based in Espoo. The deal was reported on October 27, 2026. 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 Tietoevry?

Valmet Oyj's acquisition of Tietoevry was reported on October 27, 2026. Valmet Oyj has agreed to acquire the manufacturing execution system business from Tieto, including the AI-enabled TIPS MES and an Order to Cash solution for the pulp, paper and fibre industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Tietoevry do?

Tietoevry creates purposeful technology. With Nordic roots and global scale, we reinvent the world, transform business and progress society. It is privately held.

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