White & Case has advised Valmet on its EUR 64 million acquisition of the PMP Group. Clifford Chance Warsaw advised the seller on the deal.
The PMP Group is a Polish provider of process technologies for tissue, paper, and board machinery. The group employs approximately 650 people across Poland, China, the USA, and Italy.
Valmet is a developer and supplier of technologies, automation, and services for the pulp, paper, and energy industries that is headquartered in Espoo, Finland.
Clifford Chance’s Warsaw team included Partner Wojciech Polz, and Associates Karol Kulhawik, Zuzanna Potoczna and Michal Besciak.
White & Case’s team, in Poland, consisted of Local Partner Aneta Hajska and Marek Sawicki, Partner Marcin Studniarek, and Associates Monika Duzynska, Klaudia Malczewska, Karolina Kalucka and Mateusz Zawistowski; in Finland, Partner Janko Lindros and Associate Jussi Kukko; in the US, Partner Farhad Jalinous, Counsel Keith Schomig, and Associate Cindy Cho; in Italy, Local Partner Alessandro Seganfreddo; in China, Associates Xiaofeng Gong and Chunlei Pang; and in Belgium, Associate Martina Castren.