# Neles (Valmet) completes acquisition of India-based Rotex Manufacturers and Engineers

Neles, formerly Metso's valve business and now part of Valmet, closed its acquisition of Indian valve company Rotex Manufacturers and Engineers Pvt. Ltd. in late 2018. The deal expands Neles' product range and services in India.

- Type: Acquisition
- Announced: 2018-12-01
- Where: India
- Status: completed
- Products: valves, valve services
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Rotex Manufacturers and Engineers](https://endata.com/companies/3092.md) (target)
- [Neles](https://endata.com/companies/4658.md) (acquirer)

## Sources

- [valmet.com](https://www.valmet.com/insights/articles/flow-control/building-on-our-strengths-to-further-conquer-the-indian-marketplace/), 2019-02-21: "the late 2018 closed acquisition of India-based Rotex Manufacturers and Engineers Pvt. Ltd. by Neles (former Metso) affect the company's position"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.