Announced

Valmet to acquire EWK Umwelttechnik and ECP Group.

Synopsis

Valmet, a developer and supplier of technologies, automation systems and services for the pulp, paper and energy industries, agreed to acquire EWK Umwelttechnik, a German company manufacturing and supplying air emission control systems and after-installation services, and ECP Group, a Finnish manufacturer and maintainer of air emission control systems. The acquisitions are estimated to be completed in July 2021. Financial terms were not disclosed. "After the acquisitions are completed, Valmet’s Environmental Systems offering covers technologies and services for wet and dry flue gas cleaning, flue gas desulfurization, NOx reduction and burner systems for energy and process industries, and marine scrubbers," Valmet.

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