Valmet To Acquire Severn Group To Boost Process Performance Solutions

Valmet has signed an agreement to acquire Severn Group, a well-established industrial valve specialist, in a cash-and-debt-free deal valued at about USD 480 million, or roughly EUR 410 million. The transaction covers all three Severn divisions—Severn Glocon, ValvTechnologies and LB Bentley—adding severe-service and mission-critical flow control expertise that will significantly strengthen Valmet’s Process Performance Solutions segment and Flow Control business beyond its traditional biomaterials core. Severn serves process industries globally, with an over 60-year track record and an estimated 2025 net sales of about GBP 188 million and EBITDA margin around 16 percent, supported by manufacturing bases in the UK, US and India and a workforce of roughly 950 people. Valmet will fund the acquisition in cash via committed facilities from Danske Bank and OP Corporate Bank, expecting completion in Q2 2026 and a gearing increase of around 15 percentage points, still below its 2030 leverage target.