Valmet Acquires Majority Stake in FactoryPal from Körber
August 1, 2024
Valmet has closed an agreement to acquire a majority of the shares in FactoryPal, a Körber digital subsidiary, with FactoryPal continuing to operate as its own legal entity under the existing brand. The acquisition strengthens Valmet's Industrial Internet and digital services—adding FactoryPal's AI-driven shopfloor software to support tissue mills and other manufacturing customers.
- Buyers
- Valmet
- Targets
- FactoryPal
- Sellers
- Körber
- Industry
- Software
- Location
- Berlin, Germany
- Transaction Type
- Buyout
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