M&A Deal Summary |
|
|---|---|
| Date | 2022-11-09 |
| Target | NovaTech Automation s Process Solutions Business |
| Sector | Business Services |
| Buyer(s) | Valmet |
| Sellers(s) | NovaTech |
| Deal Type | Divestiture |
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Valmet is a global developer and supplier of process technologies, automation, and services for the pulp, paper, and energy industries. With its automation systems and flow control solutions the company serves an even wider base of process industries. Valmet was founded in 1750 and is based in Espoo, Finland.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 5 |
| Sector (Business Services) | 1 of 1 |
| Type (Divestiture) | 1 of 4 |
| State (Pennsylvania) | 1 of 1 |
| Country (United States) | 1 of 2 |
| Year (2022) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-07-07 |
Körber Group - Business Area Tissue
United States Körber Group's Business Area Tissue provides converting and packaging technologies and services for the tissue industry. |
Buy | €380M |
| Category | Company |
|---|---|
| Founded | 1984 |
| Sector | Electrical Equipment |
NovaTech have been making process industries and power grids more reliable, efficient, and secure for over three decades. From utility substations to plastics, steel, chemicals, pharmaceuticals, food and beverage, and nascent alternative energy applications, NovaTech customers provide the energy and materials that the world depends on. NovaTech is proud in turn to provide the products and services that they rely on to do their jobs. Bitronics® Instruments, the D/3® Distributed Control System, and the Orion Substation Automation Platform are Best-in-Class measurement, communication and control technologies used extensively by electrical utilities and Fortune 100 process manufacturers around the world.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Business Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Pennsylvania) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2022) | 1 of 1 |
