# Valmet completes merger with valve maker Neles

Finnish paper-industry equipment maker Valmet completed its merger with valve company Neles on April 1, 2022, creating a combined company with valve and automation operations.

- Type: Acquisition
- Announced: 2022-04-01
- Where: Finland
- Status: completed
- Products: valves, automation
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

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

## Sources

- [arvopaperi.fi](https://www.arvopaperi.fi/uutiset/a/3b5f3e48-f90a-4bde-9a41-9ece6f4fc403), 2022-04-06: "Valmet sai aprillipäivänä viimein maaliin kauan haaveilemansa venttiiliyhtiö Neleksen fuusion."
- [valmet.com](https://www.valmet.com/insights/articles/flow-control/Merger-of-Valmet-and-Neles-Forward-together-from-a-stronger-base/), 2022-06-14: "Neles merged with Valmet on April 1st of 2022 and became Valmet's Flow Control Business Line."

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