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Valmet to acquire Beloit assets in Brazil

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Published in issue 34/2000
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The fiber and paper technology business area of the Finnish Metso Corporation, Valmet Corp., will expand its service operations in Brazil. Valmet said it had signed a letter of intent to acquire the majority of the assets of a factory owned by Beloit Industrial Ltda., for a total of $7.2m. The deal includes the site, ...

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