# Neles and Valmet complete merger; Valmet shares begin trading April 1, 2022

Neles Corporation and Valmet Oyj completed their merger, with trading in the new Valmet shares starting April 1, 2022. The Finnish Financial Supervisory Authority had approved a supplement to the merger prospectus.

- Type: Acquisition
- Announced: 2022-03-31
- Where: Finland
- Status: completed
- Products: industrial valves, automation solutions, pulp and paper machinery
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [news.cision.com](https://news.cision.com/neles-oyj/Index/a/35o6nq/), 2022-03-31: "Neles Corporation (“Neles”) and Valmet Oyj (“Valmet”) ... trading in the new shares will commence on 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.