Recent events
Recent events tied to this brand in public sources.
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2020
Valmet completes acquisition of 14.88% of Neles
Valmet completed its acquisition of 22,374,869 Neles shares from Solidium, representing 14.88% of Neles' shares and votes. The purchase price was €8.00 per share, with a total transaction value of €179 million at signing.
2020
Valmet agrees to acquire a 14.9% stake in Neles
Valmet announced an agreement to acquire a 14.9% ownership stake in Neles for EUR 179 million, payable in cash. The agreed purchase price is EUR 8.00 per share.
2020
Valmet withdraws its 2020 guidance
Valmet withdrew its 2020 guidance, citing increased uncertainty caused by the COVID-19 pandemic.
2020
Valmet announces plan to move Tampere fabric production to Portugal
Valmet announced plans to move part of its fabrics business production unit from Tampere, Finland, to its unit in Portugal. The company said the move could result in the loss of up to 90 jobs and that co-determination talks with employee representatives had started.
2020
Valmet receives CDP climate program's top rating
Valmet received an A rating in CDP's climate program ranking for the second consecutive year.
2020
Valmet launches redesigned MCA consistency measurement
Valmet launched a redesigned Valmet Microwave Consistency Measurement (Valmet MCA), featuring digital electronics and Direct Sweep Detection, and introduced sensor options for additional installation and measurement applications.
2019
Valmet introduces roll covers made with recycled and renewable materials
Valmet introduced composite covers for press, guide and calender rolls made with bio-based resin and hardener, with reinforcing fiber and filler sourced from recycled consumer plastic and glass. The covers were available for first customer deliveries.