Valmet has completed the acquisition of NovaTech Automation’s Process Solutions business
Valmet Oyj’s press release on January 3, 2023 at 2:00 p.m. EETValmet has completed the acquisition of the U.S. based NovaTech Automation’s Process Solutions business. The acquired business specializes in process control and optimization solutions for batch, continuous and hybrid processes. It serves customers mainly in process industries such as food and beverage, pharmaceuticals and chemical products. With a turnover of approximately USD 18 million, it employs 76 people in the United States and the Benelux countries. The acquisition excludes NovaTech Automation’s other divisions. The