Gebr. Bellmer GmbH Maschinenfabrik acquires the projects business and the spare part and small projects businesses from Vaahto Group

Avance acts as lead counsel to Gebr. Bellmer GmbH Maschinenfabrik in the purchase of the Projects business and the spare part and small projects businesses from Vaahto Paper Technology Oy, a subsidiary of Vaahto Group Plc Oyj. With the transaction Bellmer continues to strengthen its market presence as well as product portfolio in the paper machinery industry.