Valmet to Buy Tieto's MES Unit With EUR 32M Annual Revenue
Espoo – October 29, 2026 -- Valmet has agreed to acquire Tieto's manufacturing execution system (MES) business, which generates annual revenues of about EUR 32 million and runs at roughly 300 pulp and paper production sites worldwide. Closing is expected in the second quarter of 2027, subject to customary closing conditions. The release did not disclose the purchase price.
Deal covers TIPS MES and Order to Cash for pulp, paper and fibre
The transaction includes the AI-powered TIPS MES for production planning and execution, plus the Order to Cash solution for the pulp, paper and fibre industry. TIPS MES combines Tieto Indtech's MES and Order to Cash products. It links production planning with manufacturing operations so manufacturers can manage and optimize output in real time. The web-based system is available as software as a service (SaaS). Its generative AI capabilities are meant to complement Valmet's own AI development.