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Valmet-Neles deal could leave one supplier of low-pressure valves in pulp, paper industry, Andritz tells CADE

By Ana Paula Candil ( December 14, 2021, 14:07 GMT | Insight) -- Austria-based Andritz AG has told the Brazilian competition authority that the market for low-pressure valves used in the pulp and paper segment could have only one alternative supplier — Flowserve — after Valmet Oyj's proposed acquisition of Neles. Andritz said the market has high barriers to entry and, therefore, has been stable in recent years with no entry of new players.Austria-based Andritz AG has told the Brazilian competition authority that the market for low-pressure valves used in the pulp and paper segment will have only one alternative supplier — Flowserve — after Valmet Oyj's proposed acquisition of Neles....

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