Valmet and Körber have on August 1, 2024, to further strengthen the digital solution FactoryPal. FactoryPal is a unique software developed to improve shopfloor manufacturing performance and productivity.

After the closing of the agreement, Valmet holds the majority of the shares and FactoryPal will continue operating as an own legal entity under existing brand. The addition of FactoryPal will further strengthen Valmet's offering of advanced Industrial Internet solutions and digital services to support customers in the tissue industry. The agreement follows Valmet's acquisition of Körber Business Area Tissue that was completed in November 2023.

FactoryPal empowers mill teams to achieve seamless operations by generating and utilizing high-quality data combined with state-of-the-art user experience and advanced artificial intelligence (AI). Acting as an AI co-pilot, the application leverages data and AI to transform operational challenges into opportunities, optimizing many aspects of production.

Valmet has a global customer base across various process industries.