Demuth (2024)
Valmet has on August 1, 2024, completed the acquisition of Demuth, a provider of wood handling technology and services in South America
Valmet has on August 1, 2024, completed the acquisition of Demuth following the agreement that was announced in December, 2023. Demuth started operations on June 1st, 1981 and has become one of the main equipment suppliers for the wood handling to the pulp industry. In addition to wood handling equipment the company offers steel structures for various industries.
The acquisition is in line with Valmet’s strategy to develop and supply competitive and reliable process technologies, services and automation to pulp, paper and energy customers. This acquisition significantly strengthens Valmet’s wood handling technology offering and services presence in South America.
The value of the acquisition is not disclosed. The acquired operations have been included in Valmet’s financial reporting since the third quarter of 2024.
Orginally, Demuth was a family-owned company established in 1981. The company operates two manufacturing facilities in southern Brazil in the State of Rio Grande do Sul. The net sales of Demuth is around EUR 20-30 million annually and the company employs around 400 people.
"The acquisition of Demuth is strongly linked to Valmet’s strategy to deliver competitive and reliable technologies, services and automation for the pulp, paper and energy industries. Pulp business is growing in South America, both with new greenfield investments and upgrades of the existing mills. By joining Demuth offering and production capabilities with Valmet, we can strengthen our position as a wood handling supplier in the pulp mill segment in South America."
- Sami Riekkola, Business Line President, Pulp and Energy
“With this acquisition we will strengthen our local presence, spare parts business, and field service delivery capabilities, especially in Brazil and increase our competitiveness in South America. The Demuth team will be a welcome addition to Valmet’s current team of about 1,200 professionals in South America."
- Celso Tacla, Area President, South America
Key information about the acquired operations
| Net sales in 2023 | EUR ~20-30 million |
| Number of employees | ~400 |
Read more:
August 2, 2024: Valmet has completed the acquisition of Demuth, a provider of wood handling technology and services in South America
December 22, 2023: Valmet to strengthen its wood handling technology and services in South America by acquiring Demuth