Valmet has completed its acquisition of UK-based Severn Group, strengthening its Flow Control business. The deal expands its industrial valve portfolio, supports energy transition goals, and enhances offerings across key global process industries.
Valmet will supply automation systems for Daklo 1-3 Power Company Limited’s Daklo 1 and Daklo 3 hydropower plants currently being built in Kon Plong Ward, Quang Ngai Province, Vietnam.
Valmet, a global technology leader serving the process industries, has entered into a deal with UK-based private equity firm Bluewater to acquire the Severn Group, a major US industrial valve company, for $480 million on a cash and debt-free basis.
