Valmet enters joint venture with Körber to advance the digital offering to the tissue industry
Valmet Oyj press release, May 30, 2024, at 10:15 a.m. EESTValmet and Körber have on May 29, 2024, reached a joint venture agreement to further strengthen FactoryPal, a venture of Körber. FactoryPal is a software developed for tissue converting operations that improves shopfloor manufacturing performance and productivity. According to the joint venture agreement, Valmet will become the majority shareholder of FactoryPal, and FactoryPal will continue operating as an own legal entity under the existing FactoryPal brand. The addition of FactoryPal will further strengthen Valmet’s offering of