Tag Archives: EBITA

Valmet adjusts its strategy to include Flow Control

Valmet’s Board of Directors has decided to adjust Valmet’s strategy to include Flow Control and align Valmet’s financial targets with Valmet’s financial reporting structure. Valmet’s new strategy is: Valmet develops and supplies competitive and reliable process technologies, services and automation to the pulp, paper and energy industries. Valmet’s automation business covers a wide base of […]

Essity acquires advanced wound care company in US

Hygiene and health company Essity has acquired the company Hydrofera. The company offers technology and products within advanced wound care. The purchase price amounts to USD 116m (approximately SEK 1.1bn) with a potential additional earnout amount of USD 15m (approximately SEK 137m) on a cash and debt free basis. The acquisition supports Essity’s strategic priority […]

First order win for ABB’s newly-launched Sheet Break Performance digital service

RAK Mill, Indonesia, signs new ABB contract as part of the digital transformation project to help achieve its highest ever production ABB has won a first order for its recently-launched Sheet Break Performance as part of a major digital transformation project at PT. Riau Andalan Kertas mill (RAK) in Indonesia, part of Asia Pacific Resources […]

Valmet and Neles to merge

Valmet Oyj and Neles Corporation announce that their respective Boards of Directors have today signed a combination agreement and a merger plan to combine the two companies through a merger. Transaction highlights: – The Combined Company will be a leading company with a unique offering for process industries globally with illustrative combined net sales for […]