Valmet strengthens its automation offering by acquiring the Process Gas Chromatography business of Siemens AG
Valmet Oyj’s press release on July 17, 2023 at 4:00 p.m. EESTValmet entered into an agreement on July 14, 2023, to acquire the Process Gas Chromatography business of Siemens AG. The value of the acquisition is EUR 102.5 million on a cash and debt-free basis subject to customary adjustments. The acquisition is estimated to be completed on April 1, 2024, at the earliest, upon completion of carve-out measures and customary closing conditions. Siemens Process Gas Chromatography business in brief The Process Gas Chromatography business of Siemens AG is a market leader with its Maxum II Gas