# Valmet acquires NovaTech Automation's Process Solutions business

Valmet acquired NovaTech Automation's Process Solutions business, which specializes in process control and optimization solutions. The terms of the transaction were not disclosed.

- Type: Acquisition
- Announced: 2022-11-09
- Where: Quakertown, Pennsylvania, United States
- Status: completed
- Products: process control and optimization solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Valmet](https://endata.com/companies/244.md) (acquirer)
- [NovaTech Automation](https://endata.com/companies/66525.md) (target)

## Sources

- [cbinsights.com](https://www.cbinsights.com/company/novatech-automation-process-solutions-business), 2022-11-09: "In November 2022, NovaTech Automation - Process Solutions business was acquired by Valmet."
- [valmet.com](https://www.valmet.com/news/press-releases/2022/valmet-strengthens-its-automation-offering-by-acquiring-novatech-automations-process-solutions-business/), 2022-11-09: "Valmet entered into an agreement on November 9 th to acquire the U.S. based NovaTech Automation’s Process Solutions business."
- [turkchem.net](https://turkchem.net/en/english/important-purchase-from-valmet), 2022-12-02: "Valmet entered into an agreement to acquire the U.S. based NovaTech Automation's Process Solutions business."

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