Valmet completes acquisition of Siemens process gas chromatography business 

Value of acquisition is 102.5 million Euros on a cash and debt-free basis

The Process Gas Chromatography & Integration business of Siemens AG is a market leader with its Maxum II Gas Chromatograph platform, Systems Integration, and Customer Services offering.

Valmet, a developer and supplier of process technologies, automation and services for the pulp, paper and energy industries, has completed the acquisition of the Process Gas Chromatography & Integration business from Siemens AG. The closing of the transaction follows the agreement that was announced on July 17, 2023.

The Process Gas Chromatography & Integration business of Siemens AG is a market leader with its Maxum II Gas Chromatograph platform, Systems Integration, and Customer Services offering. Gas Chromatographs are used to measure the chemical composition in gases and evaporable liquids in all stages of production. With deep customer process knowledge in chemicals, liquefied natural gas (LNG), refining and biofuels, the business provides critical process insights to support its customers in ensuring and improving quality, sustainability, and safety worldwide. The business employs around 300 people, and its main locations are in the USA, Germany, and Singapore.

The acquisition is in line with Valmet’s strategy and will further strengthen Valmet’s automation segment and process automation offering with process industry gas chromatograph and process analyzer systems offering. It also strengthens Valmet’s Automation Systems business footprint in North America, Asia-Pacific, and Europe. The acquired business is integrated into Valmet’s Automation Systems business line as a business unit called Analyzer Products and Integration.  

“The acquisition was completed as planned and we are very happy to welcome the new colleagues as well as the former Siemens Process Gas Chromatography & Integration’s customers to Valmet. The acquired business complements our automation offering well, opening the opportunity to serve both businesses’ current and future process automation customers with a wider offering,” says Emilia Torttila-Miettinen, president, Automation Systems business line at Valmet.

“Today is a monumental milestone in our history, as the acquisition of our Gas Chromatography & Integration business by Valmet is now finalized. Valmet has demonstrated its commitment to our MAXUM II Gas Chromatograph technology, customers, and employees throughout this process, and we are confident that aligning with an organization that embraces our value will lead to sustained mutual success. On behalf of all our associates around the world, we are excited to begin this new journey as part of Valmet’s Automation Systems business line,” says Glen Irving, Vice President, Analyzer Products and Integration business unit, Automation Systems business line, Valmet.

Details of the transaction

In FY2022, net sales of the business amounted to approximately 120 million Euros. The value of the acquisition is 102.5 million Euros on a cash and debt-free basis, subject to ordinary post-closing adjustments. The acquired business will be included in Valmet’s financial reporting for the first time in Valmet’s second quarter 2024 financial reporting.

In 2024, we are looking at full recovery and growth-led investment in Indian printing

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. It created the category of privately owned B2B print magazines in the country. And by its diversification in packaging, (Packaging South Asia), food processing and packaging (IndiFoodBev) and health and medical supply chain and packaging (HealthTekPak), and its community activities in training, research, and conferences (Ipp Services, Training and Research) the organization continues to create platforms that demonstrate the need for quality information, data, technology insights and events.

India is a large and tough terrain and while its book publishing and commercial printing industry have recovered and are increasingly embracing digital print, the Indian newspaper industry continues to recover its credibility and circulation. The signage industry is also recovering and new technologies and audiences such as digital 3D additive printing, digital textiles, and industrial printing are coming onto our pages. Diversification is a fact of life for our readers and like them, we will also have to adapt with agility to keep up with their business and technical information needs.

India is one of the fastest growing economies in nominal and real terms – in a region poised for the highest change in year to year expenditure in printing equipment and consumables. Our 2024 media kit is ready, and it is the right time to take stock – to emphasize your visibility and relevance to your customers and turn potential markets into conversations.

– Naresh Khanna

Subscribe Now


Please enter your comment!
Please enter your name here