Valmet has entered into an agreement to acquire the manufacturing execution system (MES) business from Tieto, including the modern AI-powered TIPS MES for production planning and execution.
The transaction also covers the Order to Cash solution for the pulp, paper and fibre industry.
The acquisition completes Valmet’s Automation Solutions offering for the pulp and paper industries, further strengthens its leadership in pulp and paper automation and expands its capabilities to accelerate customers’ transition towards autonomous operations.
Strengthening leadership in pulp and paper is one of the strategic priorities of Valmet’s Automation Solutions business area, alongside growth in other process industries. The acquisition creates long-term growth opportunities in process industries by building on Valmet’s existing customer base, technology and global reach.
Emilia Torttila-Miettinen, EVP, Automation Solutions business area at Valmet, said: “This acquisition is another concrete demonstration of our strategy in action, as we systematically expand our offering through innovations and targeted acquisitions.
“Together, these efforts enhance our capabilities and ensure that we continue to strengthen our market position and deliver greater value to our customers as an automation supplier.”
TIPS MES comprises Tieto Indtech’s Manufacturing Execution System (MES) and Order to Cash solution for the pulp, paper and fibre industry.
It connects production planning with manufacturing operations, helping manufacturers manage and optimise production in real time.
