Valmet Acquires Severn Group

Valmet entered into an agreement to acquire Severn Group, an industrial valve company specializing in severe service flow control, from Bluewater. The transaction covers Severn’s three divisions—Severn Glocon, ValvTechnologies, and LB Bentley—and is valued at USD 480 million (cash and debt-free basis). Valmet later completed the acquisition, integrating Severn into its Flow Control business area to strengthen its Process Performance Solutions segment.