Valmet Acquires Demuth, Wood-Handling Equipment Provider in Brazil
August 2, 2024
Valmet Oyj has completed the acquisition of Demuth, a Brazilian provider of wood handling technology and services for the pulp industry. Demuth operates two manufacturing facilities in Rio Grande do Sul, has net sales of around EUR 20–30 million and about 400 employees; the operations will be included in Valmet's reporting from Q3 2024, strengthening Valmet's wood handling offering and local presence in South America.
- Buyers
- Valmet Oyj
- Targets
- Demuth
- Industry
- Manufacturing
- Location
- Rio Grande do Sul, Brazil
- Transaction Type
- Buyout
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