# Valmet to acquire Siemens' Process Gas Chromatography business for EUR 102.5M

Valmet agreed on July 14, 2023 to acquire the Process Gas Chromatography business of Siemens AG for EUR 102.5 million on a cash and debt-free basis. Completion is estimated for April 1, 2024 at the earliest.

- Type: Acquisition
- Announced: 2023-07-14
- Value: $111.0M (102.5M EUR)
- Jobs: 300
- Status: announced
- Products: Maxum II gas chromatographs, process analyzer systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Valmet](https://endata.com/companies/244.md) (acquirer)
- [Siemens](https://endata.com/companies/301.md) (partner)

## Sources

- [valmet.com](https://www.valmet.com/news/press-releases/2023/valmet-strengthens-its-automation-offering-by-acquiring-the-process-gas-chromatography-business-of-siemens-ag/), 2023-07-17: "The value of the acquisition is EUR 102.5 million on a cash and debt-free basis subject to customary adjustments."

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