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New Deal


Announced

Completed

Valmet completed the acquisition of the process solutions business of NovaTech Automation.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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process solutions

Friendly

Private

Auto Technology

Cross Border

Acquisition

Single Bidder

United States

Majority

Completed

automation solutions

Synopsis

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Valmet, a company that supplies technologies, automation solutions, and other services, completed the acquisition of the process solutions business of NovaTech Automation, a provider of automation and engineering solutions. Financial terms were not disclosed. “NovaTech Automation’s process solutions offering complements Valmet’s existing automation offering and industry reach. It brings synergy and opens the opportunity to serve both companies’ current and future process automation customers with a wider offering. Together, we continue to strive to fulfill our vision of becoming the global champion in serving our customers. We look forward to welcoming the new colleagues from NovaTech Automation to Valmet,” Toni Saarnio, Valmet Vice President.

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