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.
