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Valmet sealed its acquisition of GL&V, a global provider of technologies and services to the pulp and paper industry, for an enterprise value of about €113 million. The deal was among pump-related M&A completed in Q2 2019.
Valmet agreed on February 26, 2019 to acquire North American GL&V, a global supplier of technologies, rebuilds and spare parts to the pulp and paper industry, for an enterprise value of about EUR 113 million on a cash and debt free basis. Completion is estimated at the earliest on April 1, 2019.
