Industrial Machineryworld trade 2024+4.5% 5Y CAGR
Pumps and Valvesworld trade 2024+3.2% 5Y CAGR
Feb 26, 2019ACQUISITION
Valmet to acquire GL&V, a pulp and paper technology and services provider, for EUR 113 million
Valmet agreed on February 26, 2019 to acquire North American GL&V, a global supplier of technologies, rebuilds and spare parts to the pulp and paper industry, for an enterprise value of about EUR 113 million on a cash and debt free basis. Completion is estimated at the earliest on April 1, 2019.
Value
$128.0M (113.0M EUR)
Productspulp and paper process technologiesupgrades and optimization servicesrebuildsspare parts
“The enterprise value of the acquisition is approximately EUR 113 million on a cash and debt free basis subject to ordinary post-closing adjustments.”valmet.com
- 3 sources
- valmet.comValmet strengthens its stable business by acquiring GL&V, a global provider of technologies and services to the pulp and paper industryFeb 26, 2019
- doi.orgValmet seals GL&V acquisitionApr 1, 2019
- pumpsindia.comPumps India Newsletter - July.2019 - PUMPS INDIAApr 2, 2019
Summarized from public sources; check the original articles before acting on it.
ENDATA