ATLANTA (March 8, 2022) – Smith Gambrell & Russell, LLP (SGR) is pleased to announce that the firm served as legal counsel to Valmet, Inc., the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries, in its acquisition of Coldwater Seals, Inc., a global provider of consumables and services to the pulp and paper industry. The transaction closed on March 1, 2022.
Valmet’s acquisition of North American-based Coldwater and the operations located in Atlanta, Georgia and Appleton, Wisconsin in the U.S. and Kil, Sweden supports the company’s strategy of expanding its consumables offering. Coldwater operates manufacturing facilities within the United States and Sweden and has technical service representatives in more than 70 countries.
The SGR legal team included Partner Tom Hong, Partner Julie Sebastian, and Associate Harison Puder in the Atlanta Corporate Practice, Phillip Hoover, Partner in the Atlanta Environmental and Sustainability Practice, and Brandon Sherlinski, Partner in the Jacksonville Employee Benefits and Executive Compensation Practice.
Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers. Our more than 14,000 professionals around the world work close to our customers and are committed to moving our customers’ performance forward – every day. The company has over 200 years of industrial history and was reborn through the demerger of the pulp, paper and power businesses from Metso Group in December 2013. Valmet’s net sales in 2021 were approximately EUR 3.9 billion. For more information, visit www.valmet.com.
About Smith Gambrell Russell
SGR is a full service, international law firm that advises regional, national and global businesses on a wide range of legal matters. The firm’s 270 attorneys provide legal counsel in more than 45 specialized practice areas, including corporate transactions, litigation, intellectual property, aviation, banking, real estate, construction, employment law, and employee benefits and executive compensation. Founded in 1893, SGR has offices in Atlanta, Austin, Charlotte, Jacksonville, London, Los Angeles, Miami, New York, Southampton, and Washington, D.C.