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Valmet acquires US-based J&L Fiber Services for EUR 51m (Press Release)
May 1, 2019

Valmet, a Finnish-based developer and supplier of process technologies and automation for the pulp, paper and energy industry, has acquired US-based J&L Fiber Services which manufacturers and provides refiner segments. J&L reported a turnover of EUR 30m and EBITA of EUR 4.5m in 2018, corresponding to an EV/EBITA of 11.3x.

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