Valmet completed the acquisition of the process gas chromatography business from Siemens for €102m.

Valmet, a developer and supplier of process technologies, automation and services for the pulp, paper and energy industries, completed the acquisition of the process gas chromatography business from Siemens, a multinational technology conglomerate, for €102m. “Today is a monumental milestone in our history, as the acquisition of our Gas Chromatography & Integration business by Valmet is now finalized. Valmet has demonstrated its commitment to our MAXUM II Gas Chromatograph technology, customers, and employees throughout this process, and we are confident that aligning with an organization that embraces our value will lead to sustained mutual success. On behalf of all our associates around the world, we are excited to begin this new journey as part of Valmet’s Automation Systems business line,” Glen Irving, Valmet Vice President, Analyzer Products and Integration business unit, Automation Systems business line.