Severn Group, one of the UK’s oldest valve manufacturers, has been acquired by Finland-listed industrial leader Valmet for $480 million.

Severn Group, the holding company for Severn Glocon, ValvTechnologies, and LB Bentley, expanded globally under its largest investor, Bluewater, transforming from a primarily upstream oil and gas business into a diversified industrial company.

The company grew into over 12 sectors, quadrupling earnings, and established manufacturing operations in India and the US.

This acquisition positions Severn as a strategic complement to Valmet’s existing footprint, marking a new phase in the company’s growth and global industrial presence.