# Valmet acquires PMP Group for EUR 64 million

Valmet Oyj has entered into an agreement to acquire PMP Group in Poland for an enterprise value of approximately EUR 64 million plus a conditional earn-out. PMP supplies process technologies and services for tissue, board and paper machines.

- Type: Acquisition
- Announced: 2020-09-11
- Where: Poland
- Value: $75.6M (64.0M EUR)
- Status: announced
- Products: process technologies and services for tissue, board and paper machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Valmet](https://endata.com/companies/244.md) (acquirer)
- [PMP Group](https://endata.com/companies/2465.md) (target)

## Sources

- [valmet.com](https://www.valmet.com/news/press-releases/2020/valmet-strengthens-its-business-by-acquiring-pmp-group-a-provider-of-technologies-and-services-for-the-paper-industry/), 2020-09-11: "The enterprise value of the acquisition is approximately EUR 64 million, plus a conditional and capped earn-out component."

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