Valmet and Neles to merge

July 7, 2021 Off By Sebastian Reisig

Together they create a leading company with a unique offering for process industries globally

The Boards of Directors of Valmet Oyj and Neles Corporation have on July 2, 2021, signed a combination agreement and merger plan to combine the two companies through a merger. On this page you will find updated information and relevant materials of this transaction process. Until completion, the companies continue to act fully independently of each other.

The combined company will be a leading company with a unique offering for process industries globally with illustrative combined net sales for 2020 of approximately EUR 4.3 billion. In addition, it will have a globally balanced expert organization of 17,000 professionals.