ICFG Switzerland supported Valmet on the due diligence of EWK Umwelttechnik
| Seller | EWK Umwelttechnik |
| Target | EWK Umwelttechnik |
| Deal Type | Mergers & Acquisitions |
| Buyer | Valmet |
| Territory | Germany |
| Transaction Description | Valmet has completed the acquisition of EWK Umwelttechnik to strengthen its environmental systems business. Valmet Oyj is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. EWK Umwelttechnik is a manufacturer and supplier of pollution control equipment. The Company offers electrostatic precipitators, fabric filters, catalytic systems, and heat recovery products. EWK Umwelttechnik will be included in Valmet’s financial reporting for the first time in Valmet’s third quarter financial reporting 2021. AVP Partners Edmund Fleck and Amedeo Vaccani were leads on this project. |
| Industry Sector | Industrials |
| ICFG Office | Zurich |
| ICFG Switzerland advised Valmet on the completion of the acquisition of EWK Umwelttechnik GmbH following the agreements that were announced on June 10. EWK Umwelttechnik is a German company manufacturing and supplying air emission control systems and after-installation services. |
