Metso signed an agreement to acquire peristaltic hose pump and progressive cavity pump technologies, with aftermarket parts and service capabilities, from Valmet. The transaction value is undisclosed and closing is expected on October 1, 2026.

Pump Service River Oy acquired the entire share capital of Suomen Jätevesipalvelut Oy effective 1 April 2025, expanding its national pump and wastewater service network in Finland.

On June 19, 2024 Valmet announced it will deliver critical valve solutions to Hycamite's new Customer Sample Facility in Kokkola, Finland, a methane-splitting hydrogen plant expected to start operations in the second half of 2024.

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.

Beijer Tech, a subsidiary of Beijer Alma, signed an agreement on February 29, 2024 to acquire 100% of AVS Power Oy, a Finnish technical wholesaler and manufacturer of pneumatics, industrial valves and compressors based in Espoo. Closing is expected in the first quarter of 2024.

Valmet will deliver critical valves, valve automation and the Valmet DNA system to Keliber Oy's lithium refinery in Kokkola, Finland, with production ramp-up planned for the second half of 2025. The order was included in Valmet's Q3 2023 orders received.

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%.

Valmet inaugurated a new high-volume valve production unit at its Vantaa valve factory, which started operations in June 2022 and was officially opened on June 6, 2022, to improve valve availability and delivery times.

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.

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.

Sulzer Pumps Finland moved process pump production to a new production line completed in 2022 at its Karhula plant in Kotka, which significantly increased capacity and was paired with the adoption of LEAN management.

AxFlow Holding AB acquired majority ownership of Starline Valves Oy, a Vantaa-based Finnish distributor of valves and actuators. Starline Services S.P.A. of Italy remains a strategic partner and minority owner.

Neles Corporation completed its acquisition of the valve and pump businesses of Finland-based Flowrox on 1 November 2021. The deal adds 110 employees and mining and metals flow-control products to Neles.

Neles signed an asset purchase agreement to acquire the valve and pump businesses of Flowrox, with about EUR 30 million of 2020 sales, for EUR 40.9 million in cash plus up to EUR 3 million earn-out. Closing is estimated for November 2021.

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.

Finnish valve company Neles Corp signed an asset purchase agreement to acquire the valve and pump businesses of Flowrox. The price was not disclosed.

Neles will commission a new production unit at its Vantaa, Finland valve factory to improve availability and delivery times, with start of operations scheduled for early 2022.

Sulzer Pumps Finland signed a contract with Metsä Fibre to supply several hundred process pumps and mixers from its Kotka plant for the bioproduct mill under construction in Kemi, Finland. The contract value was not disclosed.

Neles and Metsä Fibre signed a preliminary agreement for Neles to supply valve solutions and maintenance services for the new bioproduct mill in Kemi, Finland. The mill investment is EUR 1.5 billion, with a final decision expected no earlier than autumn 2020.

Metsä Fibre and Neles signed a preliminary agreement under which Neles would deliver valve solutions and maintenance and spare part services to the new Kemi bioproduct mill in Finland.

Neles signed a preliminary agreement to supply valve solutions and maintenance services for Metsä Fibre's planned 1.5 million tonne bioproduct mill in Kemi, Finland. Metsä's final investment decision is expected in fall 2020 at the earliest.

Alfa Laval amended its recommended public cash tender offer for all shares of Finnish valve maker Neles, lowering the minimum acceptance condition to more than 50% and extending the acceptance period. The offer was first announced on 13 July 2020.

Valmet proposed to the Neles board on 29 September 2020 to start talks on a statutory merger of the two Finnish companies. Valmet had already built its Neles stake to 29.5%.

Addtech Components, part of the Addtech Group, signed an agreement to acquire all outstanding shares of Fluidcontrol Oy, a Finnish developer of actuators and valve solutions with 20 employees and sales of about EUR 4 million. Closing is expected in early September 2020.

MPOWER Engineering supplied Gate Valves K12, K03 and Check Valves K05 and K08 via Finkova Oy for Savon Voima's Joensuu project in Finland.

Alfa Laval announced a recommended voluntary public cash tender offer of EUR 11.50 per share for all Neles shares not already held by Neles, valuing Neles' total equity at about EUR 1,727 million. The deal strengthens Alfa Laval's industrial flow control business.

Valmet agreed to buy 22,374,869 shares, or 14.88%, of the future Neles Corporation from Solidium Oy for EUR 179 million paid in cash. The transaction is expected to close on July 1, 2020, after Neles is spun off from Metso.

Indutrade AB signed on 6 February 2020 to acquire all shares of Jouka OY, a Ylöjärvi, Finland ball valve manufacturer with about EUR 6.5 million annual sales and 31 employees. The closing took place on 6 February.

Flowplus Oy acquired the restructuring, maintenance and repair business of Oy Lining Ab for pumping stations in Lappeenranta, Finland, through an asset purchase executed on 29 November 2019.

Indutrade has signed an agreement to acquire all shares of Finkova Oy, a Finnish niche valve trading business with annual sales of about EUR 8.5 million, serving the process and boiler industries.

German valve company ARI-Armaturen Group bought all outstanding shares of Hogfors Oy, a Finnish manufacturer of butterfly and ball valves used mainly in district heating and process industries, with Clairfield as exclusive financial advisor.

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.

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.

Metso was selected as main valve supplier for Metsä Fibre's next-generation bioproduct mill in Äänekoski, Finland, supplying about 3,000 valves plus comprehensive maintenance and spare parts agreements. Mill start-up is scheduled for late summer 2017.

Metso has signed an agreement for a comprehensive valve delivery for the Kilpilahti Power Plant in Porvoo, Finland.

Metso signed an agreement to deliver about 150 on-off and control valves for the Kilpilahti combined heat and power plant in Porvoo, Finland, planned for commissioning in 2018. The order value was not disclosed.