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Valmet to Acquire UK's Severn Group for $480 Million

MT Newswires·12/22/2025 04:52:53
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04:52 AM EST, 12/22/2025 (MT Newswires) -- Valmet (VALMT.HE) said Monday it agreed to acquire UK-based industrial valve company Severn Group from private equity firm Bluewater in a deal worth $480 million in cash, payable at completion. The deal covers all three Severn divisions, including Severn Glocon, ValvTechnologies, and LB Bentley, which are expected to boost the Finnish process technology company's process performance solutions unit. Completion is expected in the second quarter of 2026, subject to customary conditions.