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Etteplan and Valmet agree on strategic partnership in Sweden
Published: 19-Mar-2014 01:00 pm
Publisher: Etteplan Oyj
- The partnering agreement between Valmet and Etteplan focuses on improving the profitability throughout the industry value chain.
Etteplan and the Tissue Machine Technology Unit of Valmet AB in Sweden have signed a partnering agreement. The partnering agreement deepens the existing purchasing agreement between the companies towards a long-term strategic partnership geared to improve the profitability of the parties’ businesses.
“This partnering agreement is a win-win situation for both parties. We have chosen Etteplan as our strategic partner, because Etteplan can help us improve profitability throughout the value chain as well as the quality of our products”, says Adam Hedström, Vice President, Supply Chain at Valmet AB.
The cooperation between Etteplan and Valmet in Sweden extend for over 25 years and Etteplan has been involved in many Valmet’s tissue machine projects. Etteplan’s provides engineering design services to Valmet’s Tissue Machine Technology Unit from its engineering units in Sweden and China.
“This is a major breakthrough for Etteplan in terms of developing partnerships in Sweden. Our long history with Valmet has borne fruit and we are excited at the new business opportunities for both parties”, says Anders Magnusson, Director, Central Sweden at Etteplan.
For more information, please contact:
SVP, Operations Sweden
Tel. +46 708 81 48 20
SVP, Communications & Operational Development
Tel. +358 40 756 9620
Etteplan in brief
Etteplan provides engineering services and technical product information solutions to the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products.
In 2013, Etteplan had turnover of EUR 128.6 million. The company currently has about 1,800 professionals in Finland, Sweden, the Netherlands and China. Etteplan's shares are listed on NASDAQ OMX Helsinki Ltd under the ETT1V ticker.