On 27 October 2026, Tieto announced the sale of its Pulp, Paper and Fibre software business TIPS to Valmet. TIPS comprises Tieto Indtech's Manufacturing Execution System (MES) and Order to Cash solution for the pulp, paper and fibre industry. This transaction follows the sale of Edlevo and HR & Payroll to EG earlier this year and the transaction is a natural step in Tieto's portfolio simplification, enabling Tieto Indtech to sharpen its focus on scalable businesses and their growth opportunities
The business to be divested generated altogether EUR 32 million in revenue and EUR 2 million in adjusted operating profit (EBITA), including Group allocations, in 2025. The current number of employees amounts to around 270. The cash and debt free purchase price (enterprise value) for the divested operations amounts to EUR 30 million, subject to customary adjustments at closing. The divestment is expected to close during the first half of 2027.
ABG Sundal Collier is pleased to have supported Tieto on this strategic divestment, having also acted as financial advisor on the sale of Edlevo and HR & Payroll to EG earlier this year, and would like to thank the company for its continued trust.
Image source: Valmet Oyj