# Valmet and Neles delay merger completion to on or before April 1, 2022

Valmet Oyj and Neles Corporation now target completion of their merger on or before April 1, 2022, instead of January 1, 2022, because regulatory reviews are taking longer. The merger was first announced on July 2, 2021.

- Type: Acquisition
- Announced: 2021-11-05
- Status: announced
- Products: process technology, valves, automation solutions
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Valmet](https://endata.com/companies/244.md) (acquirer)
- [Neles](https://endata.com/companies/4658.md) (target)

## Sources

- [valmet.com](https://www.valmet.com/news/stock-exchange-releases/2021/valmet-oyj-and-neles-corporation-targetfor-completion-of-the-merger-on-or-before-april-1-2022/), 2021-11-05: "Due to the regulatory review processes taking longer than previously estimated, the completion of the merger is now targeted to occur on or before April 1, 2022."

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