Valmet has acquired a majority stake in FactoryPal, enhancing its digital solutions for the tissue industry by integrating advanced AI capabilities.

Information on the Target

FactoryPal, a cutting-edge software solution aimed at enhancing shop floor manufacturing performance, has recently been acquired by Valmet. This unique application leverages advanced artificial intelligence (AI) to optimize production processes, enabling mill teams to operate seamlessly. By transforming operational challenges into opportunities through high-quality data utilization, FactoryPal significantly boosts productivity in the manufacturing sector.

Following the signing of the agreement on August 1, 2024, Valmet now holds the majority of shares in FactoryPal, which will continue to function as a distinct legal entity under its established brand. The integration of FactoryPal into Valmet's portfolio strengthens its suite of advanced Industrial Internet solutions and digital services, particularly targeting the tissue industry.

Industry Overview in the Target’s Specific Country

Finland, the home country of Valmet, is recognized for its robust and innovative manufacturing industry, particularly in the pulp and paper sector. The country boasts a strong commitment to sustainability and technological advancement, promoting