Jan 1, 1951 CE
Valmet Founded
Valmet Oy is established by merging several state-owned metal and engineering workshops, including Valtion Metallitehtaat, to form a single industrial conglomerate. #corporatehistory
Chronological Storyline (31 Milestones)
1953 CE
First Paper Machine Delivered
Valmet delivers its first paper machine, marking the beginning of its long-standing expertise in paper technology. #papermaking #innovation
1954 CE
Tractor Production Begins
Valmet introduces its first tractor, the Valmet 15, entering the agricultural machinery market. #agriculture #tractors
1960 CE
Expansion into Shipbuilding
Valmet establishes a shipyard in Helsinki, building icebreakers and other vessels, becoming a key player in Finnish shipbuilding. #shipbuilding #icebreakers
1970 CE
Diversification into Automation
Valmet expands into automation and process control systems, leveraging its industrial expertise. #automation #diversification
1975 CE
Valmet 500 Series Tractors
Launch of the successful Valmet 500 series tractors, solidifying Valmet's position in the agricultural market. #agriculture #tractors
1982 CE
Acquisition of Joh. Clouth
Valmet acquires the German company Joh. Clouth, expanding its paper machinery business in Europe. #acquisitions #papermaking
1985 CE
Valmet 900 Series Tractors
Introduction of the Valmet 900 series tractors, a major success in the Nordic tractor market. #agriculture #innovation
Mar 1, 1988 CE
IPO on Helsinki Stock Exchange
Valmet is listed on the Helsinki Stock Exchange, marking its transition from a state-owned to a publicly traded company. #IPO #finance
1990 CE
Acquisition of Paper Machinery Activities
Valmet acquires the paper machinery business of the Swedish company Sunds Defibrator, strengthening its position in fiber processing. #acquisitions #papermaking
1992 CE
Divestiture of Tractor Business
Valmet sells its tractor and agricultural machinery division to Sisu (later Valtra), focusing on core paper technology. #divestiture #tractors
1994 CE
Acquisition of Beloit's Paper Machinery
Valmet acquires the paper machinery division of Beloit Corporation, a major U.S. competitor, expanding globally. #acquisitions #globalexpansion
1997 CE
Acquisition of Sunds Defibrator
Valmet acquires the fiber technology company Sunds Defibrator, becoming a leading supplier of fiber processing equipment. #acquisitions #fibertechnology
1998 CE
Acquisition of Mitsubishi Heavy Industries' Paper Division
Valmet acquires the paper machinery division of Mitsubishi Heavy Industries, gaining a strong foothold in Japan and Asia. #acquisitions #asiamarket
Jul 1, 1999 CE
Merger with Rauma to Form Metso
Valmet merges with Finnish competitor Rauma to create Metso Corporation, a global leader in mining, aggregates, and process technology. #merger #metso
By Antti Leppänen - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=11417842
2000 CE
Metso's Global Expansion
Metso (former Valmet) continues to grow, focusing on pulp, paper, and rock processing technologies. #corporatehistory #globalexpansion
2004 CE
Divestiture of Shipbuilding
Metso sells its shipbuilding business, exiting the maritime industry entirely. #divestiture #shipbuilding
2007 CE
Acquisition of Beloit's Aftermarket Business
Metso acquires the aftermarket business of Beloit, strengthening services for paper machines. #acquisitions #aftermarket
2010 CE
Focus on Pulp, Paper, and Energy
Metso reorganizes into three segments: Mining and Construction, Pulp and Paper, and Automation. #corporate restructuring
Oct 1, 2013 CE
Demerger Announced: New Valmet and Metso
Metso announces a demerger to create two independent companies: Valmet (pulp, paper, and energy) and Metso (minerals, flow control, and automation). #demerger #corporate
Jan 2, 2014 CE
New Valmet Lists on Nasdaq Helsinki
Valmet (new) begins trading on the Nasdaq Helsinki stock exchange as an independent company, focusing on pulp, paper, and energy technologies. #IPO #nasdaq
2015 CE
Acquisition of GL&V's Pulp and Paper Business
Valmet acquires the pulp and paper process technology business of GL&V, strengthening its offering in the field. #acquisitions #pulppaper
2016 CE
Acquisition of Järvenpää Automation
Valmet acquires Järvenpää Automation, enhancing its automation systems for pulp and paper. #acquisitions #automation
2017 CE
Valmet's Growth Strategy Focus
Valmet outlines a growth strategy focusing on services, automation, and emerging markets. #strategy #growth
2018 CE
Acquisition of Metsä Board's Technology
Valmet acquires technology from Metsä Board to develop new fiber-based packaging solutions. #acquisitions #packaging
2019 CE
Valmet's 100th Paper Machine in China
Valmet delivers its 100th paper machine in China, highlighting its strong presence in the Chinese market. #china #papermaking
2020 CE
Acquisition of Neles Flow Control
Valmet acquires Neles, a leading flow control company, expanding into the oil and gas industry. #acquisitions #flowcontrol
2021 CE
Launch of Valmet DNA Automation System
Valmet launches the next-generation Valmet DNA automation system for industrial process control. #automation #innovation
2022 CE
Valmet's Carbon Neutrality Target
Valmet sets a target to achieve carbon neutrality in its own operations by 2030. #sustainability #carbonneutral
2023 CE
Acquisition of KaiLink
Valmet acquires KaiLink, a Norwegian company specializing in machine vision and robotics for the wood industry. #acquisitions #robotics
2024 CE
Valmet's Continued Growth in Services
Valmet reports strong growth in its services business, with a focus on digitalization and predictive maintenance. #services #digitalization