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Valmet

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Valmet
NameValmet
TypePublic
Traded asOMX Helsinki
IndustryPulp and paper, Energy
Founded1837
FounderNils Ludvig Arppe
HeadquartersEspoo, Finland
Key peoplePasi Laine, Aki Niemi
Num employees13,000

Valmet is a leading global developer and supplier of technologies, automation systems, and services for the pulp and paper industry, energy industry, and other process industries, with a strong presence in Europe, North America, South America, and Asia. The company has a long history dating back to 1837, when it was founded by Nils Ludvig Arppe in Jyväskylä, Finland, and has since evolved through various mergers and acquisitions, including the merger with Rauma-Repola in 1999 and the acquisition of Metso's pulp, paper, and power businesses in 2013. Valmet has collaborated with various companies, such as Andritz, Siemens, and GE Power, to provide innovative solutions for its customers. The company's technologies and services have been used in various projects, including the Kraft pulp mill in Brazil and the biopower plant in Sweden.

History

Valmet's history dates back to 1837, when Nils Ludvig Arppe founded the company in Jyväskylä, Finland. Over the years, the company has undergone significant transformations, including the merger with Rauma-Repola in 1999 and the acquisition of Metso's pulp, paper, and power businesses in 2013. Valmet has also collaborated with various companies, such as Andritz, Siemens, and GE Power, to provide innovative solutions for its customers. The company's technologies and services have been used in various projects, including the Kraft pulp mill in Brazil and the biopower plant in Sweden. Valmet has also worked with Stora Enso, Neste, and Umicore to develop sustainable solutions for the pulp and paper industry.

Products

Valmet's product portfolio includes a wide range of technologies and services for the pulp and paper industry, energy industry, and other process industries. The company's products include pulp mills, paper machines, biopower plants, and automation systems, such as Valmet DNA and Valmet IQ. Valmet has also developed various digital solutions, such as Valmet Industrial Internet, to help its customers optimize their operations and improve their productivity. The company's products have been used in various projects, including the Kraft pulp mill in Brazil and the biopower plant in Sweden. Valmet has collaborated with Aalto University, University of Oulu, and VTT Technical Research Centre of Finland to develop new technologies and solutions.

Organization

Valmet is a public company listed on the OMX Helsinki and is headquartered in Espoo, Finland. The company is led by Pasi Laine, who serves as the President and CEO, and Aki Niemi, who serves as the CFO. Valmet has a global presence, with operations in over 30 countries, including United States, Canada, Brazil, China, and India. The company has also established partnerships with various companies, such as Andritz, Siemens, and GE Power, to provide innovative solutions for its customers. Valmet has worked with International Council of Forests and Paper Associations, World Business Council for Sustainable Development, and European Commission to promote sustainable development in the pulp and paper industry.

Financials

Valmet's financial performance has been strong in recent years, with net sales of over EUR 3.5 billion in 2020. The company's profitability has also been improving, with an operating profit of over EUR 200 million in 2020. Valmet has a strong balance sheet, with a net debt of around EUR 100 million and a equity ratio of over 30%. The company's financial performance has been driven by its strong presence in the pulp and paper industry and its ability to provide innovative solutions for its customers. Valmet has also collaborated with Nasdaq Helsinki, Bloomberg, and Reuters to provide financial information to its investors.

Acquisitions_and_Mergers

Valmet has a long history of acquisitions and mergers, including the merger with Rauma-Repola in 1999 and the acquisition of Metso's pulp, paper, and power businesses in 2013. The company has also acquired various other companies, such as Pulping and Papermaking Systems and Automation and Control Systems. Valmet's acquisitions and mergers have helped the company to expand its product portfolio and improve its global presence. The company has collaborated with Goldman Sachs, Morgan Stanley, and UBS to advise on its acquisitions and mergers. Valmet has also worked with European Commission, Federal Trade Commission, and Competition Bureau to ensure compliance with competition laws.

Operations

Valmet's operations are global, with a presence in over 30 countries, including United States, Canada, Brazil, China, and India. The company has a strong network of sales and service centers, as well as manufacturing facilities, to support its customers. Valmet's operations are focused on providing innovative solutions for the pulp and paper industry, energy industry, and other process industries. The company has collaborated with International Energy Agency, World Wildlife Fund, and The Nature Conservancy to promote sustainable development in the energy industry. Valmet has also worked with University of California, Berkeley, Massachusetts Institute of Technology, and Stanford University to develop new technologies and solutions. Category:Companies listed on the Helsinki Stock Exchange

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