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News & Press: Headlines

Neles and Valmet Announce Merger

Monday, July 5, 2021  
Valmet Oyj and Neles Corporation announce that their respective Boards of Directors have signed a combination agreement and a merger plan to combine the two companies through a merger. The combined company will be a company with a unique offering for process industries globally with illustrative combined net sales for 2020 of approximately €4.3 billion. In addition, it will have a globally balanced expert organization of approximately 17,000 professionals. More...