Valmet has been selected by Metsä Group to supply a 3D Fiber molded fiber production line for its Äänekoski mill in Finland. Start-up is scheduled for 2028.

Valmet will supply a 3D Fiber moulded fibre production line for Metsä Group's mill in Äänekoski, Finland, with nominal output above 100 million items a year and start-up planned for 2028.

Valmet announced an order from Metsä Group for a 3D Fiber molded fiber packaging line to be installed beside the Muoto demo plant in Äänekoski, Finland, with start-up planned for 2028. Contract value was not disclosed.

Beijer Tech, a subsidiary of Beijer Alma, signed an agreement to acquire the assets of Uudenmaan Painehuolto Oy (UPH), a Finnish compressed air equipment distributor and maintenance company with about EUR 3.3 million annual revenue. Closing is expected in March 2025.

Nomo Group, a Power Transmission Solutions company within Axel Johnson International, is acquiring a majority stake in Finnish seals specialist Top-Osa of Tampere. The deal expands Nomo's sealing offering across the Nordics.

Momentum Group signed an agreement to acquire 100 percent of Hydjan Oy, a Helsinki-based specialist in hydraulics and pneumatics for industrial customers in Finland. Hydjan has about EUR 1.2 million in annual sales and six employees.

AVS-Yhtiöt Oy and its owners sold AVS-Power Oy, a Finnish technical wholesaler and manufacturer of pneumatics, industrial valves and compressors, to Beijer Oy, a subsidiary of Beijer Alma AB. The deal was advised by Avance Attorneys and reported on March 4, 2024.

Finnish companies Sammet Dampers Oy and Caligo Industria Oy announced a sister-company merger, with Sammet's assets and liabilities transferred to Caligo Industria, effective March 31, 2024.

BUTTING Anlagenbau received an order for containers and pipeline construction for Stora Enso's O750 Oulu project, which converts a paper machine in Oulu, Finland into a packaging board line producing about 750,000 tonnes per year. Production is expected to start in early 2025.

Stora Enso has awarded Voith a contract to convert a former coated paper machine at its Oulu, Finland site into a board machine producing folding boxboard and coated kraft back with 750,000 tons per year capacity. Start-up is scheduled for early 2025.

Stora Enso has commissioned Voith to convert a former paper machine at its Oulu site in Finland into a board machine producing 750,000 tons per year of folding boxboard and coated kraft back. Start-up is scheduled for early 2025.

Valmet will deliver BCTMP, evaporation and NCG technology plus a mill-wide automation package for Stora Enso's Oulu mill in Finland, part of a roughly EUR 1 billion board line conversion. The order value was not disclosed and the upgraded mill is scheduled for early 2025.

Sulzer completed a modernization of its Karhula pump factory in Kotka, adding a highly automated, digitized pump production line and a new logistics centre. The upgrade cuts production throughput time by 93%.

Stora Enso will invest approximately EUR 1 billion during 2022-2025 to convert an idle paper machine at its Oulu site in Finland into a 750,000-tonne consumer board line, with production expected in early 2025.

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.

Valmet and Neles signed a combination agreement and merger plan under which Neles will merge into Valmet, creating a company with illustrative 2020 net sales of about EUR 4.3 billion and around 17,000 staff. The combination targets roughly EUR 25 million in annual run-rate synergies.

Norrhydro Oy will build a roughly €15 million factory in Rovaniemi's new industry area, doubling production capacity over time and creating over 100 jobs; construction starts May 2021 with relocation in 2022.

SPX FLOW entered a combination agreement to launch a recommended public tender offer for all shares of Finland's Uutechnic Group Oyj (UTG Mixing Group) at EUR 0.60 per share in cash. Closing is expected in Q1 2021.

Cargotec and Konecranes have signed a combination agreement and merger plan under which Konecranes will be merged into Cargotec. The combined company would have illustrative annual sales of about EUR 7.0 billion.

Sulzer has acquired a 25% stake in Tamturbo Plc, a Finnish maker of oil-free industrial air compressor systems. The two companies had a sales and supply agreement since 2018.

Valmet will supply new reel and winding technology and surrounding equipment to modernize board machine KK 1 at Metsä Board's Kyro mill in Finland, with start-up scheduled for the second half of 2021. The order value was not disclosed.

Högfors opened a new valve plant in Salo, Finland, built around a Fastems flexible manufacturing system that combines Deckel Maho and Gildemeister machine tools with a Fanuc robot cell. Eight machines were relocated from the old plant and the site is ready for production of butterfly and ball valves.

Metso's board appointed Pekka Vauramo as president and CEO, effective November 2018. The announcement was made on May 29, 2018.

Valmet will supply a multifuel CYMIC circulating fluidized bed boiler and a flue gas treatment plant to Oulun Energia's new 75 MW biopower plant in Laanila, Oulu, replacing the Toppila unit I. The orders, worth around EUR 70 million, will be included in Valmet's Q1 2018 orders.

Interpump Group signed a binding agreement to acquire the international subsidiaries and the manufacturing unit of Finland-based GS-Hydro, a piping systems maker, for EUR 9 million, with closings expected by end of February 2018.

Engineering firm Amitec acquired a 100% stake in Formeca, a Finnish packaging machinery producer, from Stora Enso.