FINLAND (News release) -- Valmet has completed the acquisition of GL&V, which was announced on February 26, 2019. GL&V is a global provider of technologies and services to the pulp and paper industry. The enterprise value of the acquisition is approximately Euro 113 million on a cash and debt free basis subject to ordinary post-closing adjustments.

The acquired business becomes a part of Valmet's Services business line. GL&V supplies technologies, upgrades and optimization services, rebuilds, and spare parts for the pulp and paper industry globally. The acquired operations had net sales of approximately Euro 160 million in calendar year 2018 and employ about 630 people.

GL&V's washing, oxygen delignification and bleaching operations with Compact Press®, pumps and mixers technology for chemical pulping as well as the related Product Center in Karlstad Sweden are not included in the transaction scope.

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Onlypulpandpaperjobs.com has taken off like a rocket! Over fifty jobs are posted, in many interesting categories. These jobs are in at least ten different US states. ^[06.19.19]

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Employers are on board with Onlypulpandpaperjobs.com. There are nearly thirty employers located in fifteen different US states and two other countries. ^[06.19.19]