Divestiture • Packaging

Valmet Acquires Körber Group - Business Area Tissue

On July 7, 2023, Valmet acquired packaging company Körber Group - Business Area Tissue from Korber for 380M EUR

Acquisition Context
  • This is Valmet’s 1st transaction in the Packaging sector.
  • This is Valmet’s 2nd largest (disclosed) transaction.
  • This is Valmet’s 2nd transaction in the United States.

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M&A Deal Summary

Date July 7, 2023
Target Körber Group - Business Area Tissue
Sector Packaging
Buyer(s) Valmet
Sellers(s) Korber
Deal Type Divestiture
Deal Value 380M EUR

Target Company

Körber Group - Business Area Tissue

United States
Körber Group's Business Area Tissue provides converting and packaging technologies and services for the tissue industry.
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Buyer Overview 1

Buyer

Valmet

Espoo, Finland

Category Company
Founded 1750
Sector Machinery
Employees19,412
Revenue 5.4B EUR (2024)
DESCRIPTION

Valmet is a 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 Context for Buyer #
Overall 2 of 6
Sector: Packaging 1 of 1
Type: Divestiture 2 of 4
Country: United States 2 of 2
Year: 2023 1 of 3
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-09 NovaTech Automation s Process Solutions Business

Pennsylvania, Pennsylvania, United States

NovaTech Automation's Process Solutions Business specializes in process control and optimization solutions for batch, continuous and hybrid processes.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-14 Siemens - Process Gas Chromatography business

Munich, Germany

Siemens' Process Gas Chromatography business are used to measure the chemical composition in gases and evaporable liquids in all stages of production. Siemens' Process Gas Chromatography business is based in Munich, Germany.

Buy €103M

Seller Profile 1

SELLER

Korber

Hamburg, Germany

Category Company
Sector Diversified
Revenue 2M EUR (2015)
DESCRIPTION

Korber is a management holding company, which leads the group with seven areas of business automation, logistics systems, machine tools, pharmaceutical systems, tissue, tobacco, and corporate investments. The company acts fast to customer needs, executes ideas seamlessly, and with innovations, it creates added value for customers. Korber is based in Hamburg, Germany


Deal Context for Seller #
Overall 1 of 2
Sector: Packaging 1 of 1
Type: Divestiture 1 of 2
Country: United States 1 of 1
Year: 2023 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-09 Siemens Logistics Mail and Parcel Business

Constance, Germany

Siemens Logistics' Mail and Parcel Business provides technology and fully automated solutions for digitized mail and parcel processing for leading global logistics companies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-29 FactoryPal

Berlin, Germany

FactoryPal is a unique software developed to improve shopfloor manufacturing performance and productivity. FactoryPal is based in Berlin, Germany.

Sell -

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