Announced
Financials
Tags
Friendly
Diversified Industrials
Acquisition
industrial equipment supplier
Majority
Single Bidder
Cross Border
pollution control equipment
Private
Finland
Germany
Machinery: Industrial
Pending
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.