Tieto Indtech's Manufacturing Execution System (MES) connects production planning with manufacturing operations, helping manufacturers manage and optimize production in real time.
Oct. 27, 2026 - Valmet has entered into an agreement to acquire the manufacturing execution system (MES) business from Tieto, including the modern AI-powered TIPS MES for production planning and execution. The transaction also covers the Order to Cash solution for the pulp, paper and fibre industry.
Financial terms of the deal were not disclosed.
The acquisition completes Valmet's Automation Solutions offering for the pulp and paper industries, further strengthens its leadership in pulp and paper automation and expands its capabilities to accelerate customers' transition towards autonomous operations.
"I am very pleased that we are taking an important step in strengthening our automation business," said Emilia Torttila-Miettinen, EVP, Automation Solutions business area at Valmet. "This acquisition is another concrete demonstration of our strategy in action, as we systematically expand our offering through innovations and targeted acquisitions."
TIPS MES comprises Tieto Indtech's Manufacturing Execution System (MES) and Order to Cash solution for the pulp, paper and fibre industry. It connects production planning with manufacturing operations, helping manufacturers manage and optimize production in real time. The web-based system is available as software as a service (SaaS), and its generative AI capabilities complement Valmet's ongoing AI development efforts and provide new opportunities to drive innovation.
Jari Almi, VP, Pulp and Paper Systems, Automation Solutions business area at Valmet, "As the requirements for mill autonomy grow, the timing is right to acquire a market-leading manufacturing software platform. By connecting customer demand, planning, execution, and real-time process control, we can help customers optimize performance across the entire mill and accelerate their transition towards autonomous operations."
TIPS MES is a market leader in Europe and is installed at approximately 300 pulp and paper production sites worldwide. With annual revenues of approximately EUR 32 million, the business serves a well-established customer base and is supported by a strong recurring revenue stream from software maintenance and support. Existing customers will continue to receive support and services without interruption through global teams and local offices.
The business to be acquired is planned to operate as part of Valmet's Process Performance Solutions segment. The acquisition is expected to be completed during the second quarter of 2027, subject to customary closing conditions.
Valmet is a global technology leader in serving process industries. Based in Espoo, Finland, Valmet is backed by more than 225 years of industrial experience and a global team of 18,500 professionals. In 2025, Valmet's net sales totaled approximately EUR 5.2 billion.
SOURCE: Valmet